Bitcoin market has plummeted Tuesday. Bitcoin, Ethereum, Shiba Inu” Dogecoin Double-digit crash This crash follows the liquidation of $1.07bn in market funds late on Monday. Leading altcoins fell in the charts before the Crypto Summit at the White House. Read here To know all the details of the Crypto Summit, which is a unique event hosted by the US Government.
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Just in: In the last 24 hours, $1.070,000,000 was liquidated on the crypto market.
— Watcher.Guru (@WatcherGuru) March 4, 2025
Bitcoin, Ethereum Dogecoin and Shiba inu remain under pressure
Bitcoin fell 10% and hovers around $84,000 on Tuesday, while Ethereum dropped by 14%. ETH fluctuates around $2,090 and could fall to $1,900. Shiba Inu, Dogecoin and other meme currencies are trading at a deep red level with no sign of improvement.
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Ethereum, Dogecoin and Shiba Inu, are some of the most popular cryptocurrencies on the market. Four cryptocurrencies are incredibly popular and have huge fan bases. These traders wait for price dips and enter positions when prices are low.
The ongoing recession has caused investors to be fearful, as Trump’s new tariffs against China and Canada will take effect on Tuesday. Canada will be hit with 25% of tariffs for goods coming into the US, while China faces 10%. US Stock Market Reacted Harshly Monday Dow Jones Closed 650 points below par. The Nasdaq index fell by 500 points while the S&P 500 plummeted by more than 100 points. Bitcoin, Ethereum Dogecoin Shiba Inu and other cryptocurrencies were affected by the stock market crash.
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Bitcoin, Dogecoin Shiba Inu, Ethereum and other cryptocurrencies will likely be among the first to recover if cryptocurrency markets begin to rebound. The trades will enter these markets when they surge and deliver the results that are desired.
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Source: watcher.guru
