Bitcoin, Trump’s meme coin tumble after US tariff announcement

Feb 4, 2025 - 10:30
Bitcoin, Trump’s meme coin tumble after US tariff announcement

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Cryptocurrency prices fell as President Trump announced new tariffs, but Bitcoin showed some recovery. Other digital assets like Ethereum and dogecoin saw larger declines. Trump's meme coin also plummeted significantly. Despite his earlier skepticism, Trump now supports crypto, aiming to make the U.S. a leader in the industry. Bitcoin remains close to its record high despite fluctuations.

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