CandleFocus Why Has the Bitcoin (BTC) Price Fallen Yet Again? Trading Below $90,000
2025-03-03
Author: Content Editor
The cryptocurrency market has lost momentum after US President Donald Trump announced plans to integrate several cryptocurrencies, including Ripple, Solana, and Cardano, into his cryptocurrency strategy. Initially, these announcements sparked a surge in the mentioned assets, but doubts quickly arose, leading to a sell-off. Ripple, Solana, and Cardano all experienced significant declines, as did Bitcoin and Ethereum. Analysts suggest that concerns over Trump's tariff policies and government program overhauls may have contributed to the sell-off. In the last four hours alone, there was a liquidation of $158 million in the cryptocurrency market, with $128 million in long positions.
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