{"id":7225,"date":"2025-02-02T12:30:47","date_gmt":"2025-02-02T12:30:47","guid":{"rendered":"https:\/\/fayezalajmi-4x.com\/?p=7225"},"modified":"2025-02-02T12:32:02","modified_gmt":"2025-02-02T12:32:02","slug":"collective-declines-for-digital-currencies-and-bitcoin-below-100000-levels","status":"publish","type":"post","link":"https:\/\/fayezalajmi-4x.com\/en\/collective-declines-for-digital-currencies-and-bitcoin-below-100000-levels\/","title":{"rendered":"Collective declines for digital currencies and Bitcoin below $100,000 levels"},"content":{"rendered":"<p><\/p>\n<p style=\"text-align: left;\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">\u00a0Digital currencies recorded collective declines this morning, Sunday, February 2, as the most expensive digital currency in the world (Bitcoin) lost the $100,000 levels, coinciding with the decline in the market value of Bitcoin to below $2 trillion, as the new US administration and US President Donald Trump imposed customs duties on the world&#8217;s largest economic partners.<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">As Trump threatened in his election campaign, the White House announced yesterday, Saturday, that it had imposed duties on products imported from Canada and Mexico by 25% and 10% on Canadian energy resources, in addition to 10% duties on imports from China in addition to the current duties, as these duties are expected to come into effect next Tuesday.<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span class=\"jCAhz\"><span class=\"ryNqvb\">The market value of the digital currency market combined, according to the Coingecko website, which includes more than 17,000 digital currencies, declined by about 5.3% today, Sunday, with the market value trading at $3.47 trillion.<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span class=\"jCAhz\"><span class=\"ryNqvb\">Bitcoin is trading at $99,095,000, down about 2.94% this morning with a market value of $1.963 trillion, while Ethereum, the second largest digital currency, is down about 5.35% and is trading at $3,074,000 with a market value of $370 billion.<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span class=\"jCAhz\"><span class=\"ryNqvb\">XRP or Ripple continues to maintain its position as the third digital currency in the world in terms of market value, despite its decline of about 6% today, Sunday, and is trading at $2.81 with a market value of $162 billion.<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span class=\"jCAhz\"><span class=\"ryNqvb\"> Dogecoin is down about 9% by trading at $0.2948 with a decline in market value to $43 billion, while Cardano is losing about 5.89% and is trading at $0.8765 with a market value of about $30 billion.<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">Solana is losing about 7.55% trading at $210 with a market cap of $102 billion, while Litecoin is down about 7.5% trading at $114 with a market cap of $8 billion.<\/span><\/span><\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>\u00a0Digital currencies recorded collective declines this morning, Sunday, February 2, as the most expensive digital currency in the world (Bitcoin) lost the $100,000 levels, coinciding with the decline in the market value of Bitcoin to below $2 trillion, as the new US administration and US President Donald Trump imposed customs duties on the world&#8217;s largest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[1,5],"tags":[],"class_list":["post-7225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-markets","category-digital-currencies"],"acf":[],"yoast_head":"<!-- This site is optimized with the 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