As of 10 a.m. on the 4th, according to CoinMarketCap, the price of Bitcoin (BTC) rose 4.72% from the same time the previous day.
It recorded $101,175 (approximately 15.69 million yen). Altcoins, which fell by a larger margin than Bitcoin the previous day, also rebounded. Ripple (XRP) fell 13.36% from the previous day, and Solaris
Sol (SOL) rose 8.71% and Doge (DOGE) rose 11.1%, while Ethereum (ETH) only increased 0.6%.
Previously, these cryptocurrencies plummeted on the 3rd in the aftermath of President Trump's tariffs.
This is the result of the decision to impose tariffs of 25% each on Canada and Mexico, and 10% on China, via executive order, effective from the 4th of this month.
Bitcoin falls to the $92,000 range, while Ethereum, Ripple and Dogecoin fall to the $92,000 range.
Both coins and coins recorded a drop of 20%. However, on the 3rd (local time), one day before the implementation of the 25% tariffs on Canada, President Trump announced a one-month moratorium on the tariffs.
Prior to this, the government also decided to postpone the imposition of taxes on Mexico for one month.
2025/02/04 12:52 KST
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