The crypto market experienced a significant dip, resulting in $110 billion being wiped out in 24 hours and Bitcoin dropping to almost $90,000. This dip also affected altcoins, with Ethereum potentially having its worst February if its price drops below $2,400. Historically, February has been a bullish month for ETH, but with a 23% drop already, this year could be an exception. Macroeconomic uncertainty, such as new tariffs, adds to the pressure. Analysts are unsure if ETH will recover or if more downside is ahead.



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