The price of 25% of Trump on metals shakes the markets, XRP and Dogecoin undergo major losses

February 10, 2025, president Announcement by Trump of a 25% rate on all imports in steel and aluminum have caused a drop in total cryptocurrency market. The news added to increasing trade tensions, resulting in a drop in cryptography prices, bitcoin falling at $ 94,000, and other cryptocurrencies like XRP, and Dogecoin recorded drops of more than 4%.

The new prices should apply to several countries, including the main suppliers of steel and aluminum such as Canada, Brazil and Mexico. This uncertainty surrounding the commercial policy feeds a slower market slowdown, investors becoming more cautious in the midst of fears of potential economic slowdown. This decision also degenerates the tensions of its recasting of current commercial policy.

As for Bitcoin, there is significant liquidity under current price levels, which suggests that on Monday or Tuesday, the price could drop to capture this liquidity. The market could react negatively, pushing the price below the support of liquidity and leading to much lower levels, including potential declines at $ 88,000. Despite volatility, large investors accumulate Bitcoin, with more than 70,000 BTC leaving exchanges during last week, indicating that they see the current price as a purchase opportunity.

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Conclusion

For the future, analysts suggest Bitcoin price Can consolidate to a major event – as a regulatory announcement or a technological breakthrough – changes the feeling of the market. Despite the recent market instability, Bitcoin continues to dominate the sector, holding market share greater than 60%.

The problem of prices raises questions about the role of Bitcoin as a cover, because recent events question this idea. American regulators still find digital asset executives, especially in an electoral year. While the market expects more details on prices, cryptocurrencies are considered both vulnerable to world shocks and more and more precious as strategic active.