March 4, 2025
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Majoor U-Turn in Crypto Markets Sends Bitcoin Back Below $ 87k

The US Stock Market Has Turned Lower As Well AHEAD OF Coming Tariffs Against Major Trade Partners.”, – WRITE: www.coindesk.com

Majoor U-Turn in Crypto Markets Sends Bitcoin Back Below $ 87kThe US Stock Market Has Turned Lower As Well AHEAD OF Coming Tariffs Against Major Trade Partners.Updated Mar 3, 2025, 7:48 PM UTCPublished Mar 3, 2025, 7:47 PM UTC

Sunday’s Trump Bump in Crypto Has MOSTLY VANISHED NEARLY as Quickly as It Appeared.

In Mid-Fternoon US Action, Bitcoin (BTC) Is Changing Hands at $ 86.700, Barely Above Itvel Prior To President Trump Taking To Social Media Sunday to Tout His City.

Ether is Now Actual Beneath ITS Pre-Trump Level and at 0.025, The ETH/BTC Ratio have touched a new ferve-year low.

Other Tokens Torated by Trump As Part of the Coming Crypto Reserve – Solana’s (Sol), Ripple’s (XRP) and Cardano’s (ADA) – Have Given Up Sizable Amounts of Their Sign. Prior to the President’s Posting.

“Crypto Vols Are Still Relativly Elevated With Both Majors Still Reflection A Put Skew Till End-March,“ Crypto Trading Firm QCP Capital Wrote to Their Investors. “The VIX is Also Elevated, Signaling Broader Market Unease in Risk Assets Overal, Particularly After The Recent Tariff Escalations from the Us Administration.”

Crypto Stocks Have Given Up Large Chunks Are Early Gains on Monday, With A Number of Them – Core Scientific (Corz) and Bitdeer (Btdr) Among Them – Nowes Sizable.

Medical Equipment Maker Semler Scientific (SMLR)-Perhaps Better-Known for It Bitcoin Treasury Strategy Related to Its Marketing of A Product Known As Quantaflo, Reported Stat News.

The Broader Stock Market is Also in the Red, with The Nasdaq Shading 1.1% And S&P 500 0.8% AHEAD OF TRUMP’S POMISED TARIFFS ON MEXICO, Canada and China. Chipmaking Giant Nvidia (NVDA) is Down 6.5% on News that Singapore Has Charged Three Men in A US Export Controls Breach Case.

“Concerns Over US GROWTH, AND IMPENDING Tariffs on China, Mexico, and Canada – Set to Take Effect Tomorrow Market Maker Wintermute.

Tom CarrerasTom Writs About Markets, Bitcoin Mining and Crypto Adoption in Latin America. He have a bachelor’s Degree in English Literature from McGill University, and CAN USUALLY BE FOR COSTA Rica. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.

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Tom Carreras

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