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Cryptocurrency News Articles
Crypto Meltdown: Bitcoin Slumps Under USD 100,000 Mark for the First Time in Weeks
Feb 03, 2025 at 12:52 pm
Amid these developments, another major facet of the global economics of the 21st century, the realm of cryptocurrencies also appears to have been placated.
Donald Trump has threatened to impose tariffs on several countries, including his neighbours and closest trading partners, Mexico and Canada, as well as his rival China.
Crypto Meltdown
In other news, another major aspect of the global economics of the 21st century, the realm of cryptocurrencies also seems to have been affected.
However, in this case, unlike the previous few months, the value of the major cryptos appears to have decreased.
The biggest name in the crypto world, Bitcoin, has seen a decrease in value, dropping below the milestone mark of USD 1,00,000 for the first time in weeks.
Bitcoin
Bitcoin has suffered losses of 3.81 per cent just today, in fact, the value of the famed digital currency has declined by a colossal 9.45 per cent or USD 9,811.84 in just the past 5 days or a week.
At the time of writing, the value of the cryptocurrency took a diminutive posture, shrinking to 93,964.16 for a US Dollar.
Ether
Meanwhile, another major crypto coin, Ether or Ethereum also dropped in value. Here, the decline is even greater, as the value of the currency declined by 12.48 per cent just today.
In the past 5 trading days, the value of Ether has dropped by a cumulative 19.43 per cent or USD 605.39, bringing the overall value of the coin to USD 2,510.46.
Trump's Crypto-Friendly Image
This is a major development in the context of what it means for US president Donald Trump himself. If the trend of decline continues, then Trump's self-proclaimed claim and posturing of being the most crypto-friendly US president may take a dent.
Not just that, the Trump family's own meme-coins, $TRUMP and $MELANIA (coin drawing its value from US First Lady Melania Trump) are also at risk of losing their value. These meme coins have also lost their value in the recent trading session.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
