{"id":826534,"date":"2025-02-12T14:12:51","date_gmt":"2025-02-12T20:12:51","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/12\/crypto-dips-further-on-chinas-retaliatory-tariffs\/"},"modified":"2025-02-12T14:12:51","modified_gmt":"2025-02-12T20:12:51","slug":"crypto-dips-further-on-chinas-retaliatory-tariffs","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/12\/crypto-dips-further-on-chinas-retaliatory-tariffs\/","title":{"rendered":"Crypto dips further on China\u2019s retaliatory tariffs"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-site=\"CoinJournal\">\n<div data-site=\"CoinJournal\">\n<picture><source  type=\"image\/webp\" media=\"(min-width: 750px)\"><source  type=\"image\/webp\"><source  type=\"image\/jpeg\" media=\"(min-width: 750px)\"><source  type=\"image\/jpeg\"><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/01\/Designer-1.jpeg\" alt width=\"100%\" height=\"100%\">\n<\/picture>                            <\/div>\n<ul>\n<li>The crypto market fell further early Tuesday after China announced retaliatory tariffs on select US imports<\/li>\n<li>Meanwhile, US Bitcoin spot ETFs recorded $234.40 million outflows yesterday<\/li>\n<\/ul>\n<p>Cryptocurrency prices have taken another hit as retaliatory tariffs, announced by China, further dampen sentiments.<\/p>\n<p>Bitcoin\u2019s price, which showed some resilience in Monday\u2019s trading session, opened the week at $98,465 at the CME and fell to a daily low of $91,455 during the Asian trading session.<\/p>\n<figure id=\"attachment_267962\" aria-describedby=\"caption-attachment-267962\"><img fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/BTC1_2025-02-04_11-13-41_bfef9.png\" alt width=\"2048\" height=\"1109\"><figcaption id=\"caption-attachment-267962\">Bitcoin CME Futures Chart. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=CME%3ABTC1%21\" target=\"_blank\" rel=\"noopener\">TradingView<\/a><\/figcaption><\/figure>\n<p>Liquidations worth roughly $2.2 billion rocked the market as major alts logged double-digit losses.<\/p>\n<p>Bitcoin\u2019s price began to recover over the London and NY sessions, breaking above $100,000 to a daily high of $102,880. Major alts like Ethereum also parred losses as it rose to $2,910 from a daily low of $2,262.<\/p>\n<figure id=\"attachment_267961\" aria-describedby=\"caption-attachment-267961\"><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/ETH1_2025-02-04_11-16-17_cbc2b.png\" alt width=\"2048\" height=\"1111\"><figcaption id=\"caption-attachment-267961\">Ethereum Futures Chart. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=CME%3AETH1%21\" target=\"_blank\" rel=\"noopener\">TradingView<\/a><\/figcaption><\/figure>\n<p>However, during the early hours of Tuesday, Beijing announced a 15% tariff on coal and other energy imports from the US and a 10% tariff on oil and agricultural equipment, further dousing sentiments.<\/p>\n<p>Bitcoin is down 3.65% at $99,125 while Ethereum is 5.86% lower at $2,730 as of publishing.<\/p>\n<div>\n<hr>\n<h6>Share this article<\/h6>\n<hr>\n<h6>Categories<\/h6>\n<hr>\n<h6>Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p> Onose Enaholo <a href=\"https:\/\/coinjournal.net\/news\/cryptos-dip-further-on-chinas-retaliatory-tariffs\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market fell further early Tuesday after China announced retaliatory tariffs on select US imports Meanwhile, US Bitcoin spot ETFs recorded $234.40 million outflows yesterday Cryptocurrency prices have taken another hit as retaliatory tariffs, announced by China, further dampen sentiments. Bitcoin\u2019s price, which showed some resilience in Monday\u2019s trading session, opened the week at<\/p>\n","protected":false},"author":1,"featured_media":826535,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22791,22569],"tags":[11476],"class_list":{"0":"post-826534","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto","8":"category-further","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/826534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=826534"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/826534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/826535"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=826534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=826534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=826534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}