“The price of bitcoin has fallen to $ 97.7 thousand: what happened on cryptorcone bushcoin decreased to $ 97.7 thousand due to trade tension between the US and China. Microstrategy has recorded the fourth quarterly damage in a row, but continues to increase crypto -assets.”, – WRITE ON: Unn.ua
Details
Bitcoin at 05:35 fell by 0.3%by Grynwich, stopping at $ 97 742.7. The cryptocurrency market undergoes pressure due to the escalation of trade tensions between the US and China.
New Trump Tariffs: Americans pay up to $ 50 for parcels from China02/02/25, 10:20 • 7134 Views
Last week, US President Donald Trump has announced a 10%duty on Chinese import, justifying these issues of national security. In response, China introduced similar duties on American goods, including gas, coal, crude oil and agricultural machinery. This increased the fears of the long trade war and prompted investors to turn to the assets.
Additional pressure on the market has caused anxiety about inflation caused by duties that could affect liquidity. Meanwhile, Microstrategy Incorporated, which recently changed its name on Strategy, recorded a net loss in the fourth quarter of $ 670.8 million, while last year the company had a profit of $ 89.1 million. It was already the fourth in a row quarter with losses.
Gold price again updated the historic maximum05.02.25, 15:32 • 24397 Views
Despite financial losses, Strategy continues to increase its bitcoin avaura. Over the quarter, the company purchased 218,887 bitcoins worth $ 20.5 billion, bringing its total stock to 471 107 bitcoins worth $ 45.6 billion. The main reason for losses was the impairment will allow you to consider the real market value of cryptocurrency, which can improve financial performance.
The company continues to comply with its Bitcoin strategy and plans to raise $ 42 billion due to the issue of shares and debt for three years. Against the background of these news, Microstrategy fell 3.3% on Wednesday, and after the closure of the auction decreased by another 1.4%.
The cryptoric generally demonstrated negative dynamics, reflecting the increased caution of investors in speculative assets. However, Ethereum (ETH), the second by capitalization of cryptocurrency, on the contrary, went up 1.7% to $ 2 833.5.
Xrp lost 4% and fell to $ 2.4367. Solana decreased by 2.1%, Polygon – by 1.4%, and Cardano – by 0.4%. Dogecoin has lost almost 2%among the memoccoin cryptocurrencies.
Recall
On February 5, Bitcoin continued to decline, not being able to stay above $ 100,000, as the exacerbation of trade tensions between the US and China retains caution among investors.