CandleFocus Bitcoin’s $10K Rollercoaster as Altcoins Show Signs of Recovery (Market Watch)
2025-02-04
Author: Content Editor
Bitcoin and altcoins experienced significant price fluctuations on Monday. Bitcoin initially jumped after the US Federal Reserve left interest rates unchanged, reaching $106,000. However, the weekend brought negative news, including tariff orders signed by US President Trump, causing Bitcoin to drop to $91,300. It quickly recovered to $96,000 and spiked above $102,000 after Mexico and the US paused tariffs. Since then, Bitcoin has slightly decreased and currently sits below $99,000. Alternative coins also experienced losses but have been recovering, with Ethereum up to $2,700 and XRP at $2.5. Overall, the total crypto market cap has recovered $250 billion and is now at $3.350 trillion.
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