The world's largest cryptocurrency, Bitcoin, has declined by 5% to $80,100, marking its lowest level since the beginning of 2025. Ethereum, the second-largest cryptocurrency, has also experienced an 8% drop to $2,150, the lowest it has been in over 14 months. This decline in the crypto market has led to liquidations surpassing $220 million within an hour, with Bitcoin long positions accounting for nearly half of the total. Investor sentiment has weakened due to concerns over potential tariffs that may be implemented by former U.S. President Donald Trump on imports from the EU, Mexico, and Canada. However, some economists argue that such measures could benefit domestic industry and drive economic growth. Despite this, the ongoing war in Ukraine is believed to be a more significant factor influencing the market cycle. As a result of the uncertainty, capital has been flowing into U.S. Treasuries and the dollar as traders seek safety.



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