Crypto Market Recap – 08.02.2025
📉 Bitcoin at $95,984 (-3.72%)
📉 Ethereum at $2,607 (-6.5%)
📉 Solana at $194 (-3.9%)
⚖️ Coinbase faces a lawsuit over unregistered securities.
💥 Trump’s meme coin has sparked over 700 copycat tokens, raising fraud concerns.
🏦 FDIC may soon allow banks to offer crypto services without prior approval.
📈 SEC reviewing filings for Solana, XRP, and Dogecoin ETFs.
⚡ Market remains volatile, so be cautious!
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Top casts
🚨 Crypto Market Meltdown – 03.02.2025 🚨
📉 Massive drop across the board! Bitcoin crashes 6.2% to a three-week low of $91,441, currently hovering around $95,730. Ethereum (ETH) tanks nearly 25% in three days, hitting $2,592.
💥 Total liquidations exceed $2.2B, mostly longs wiped out. This crash is comparable to the FTX collapse and the COVID-19 market panic.
🔥 What’s causing the chaos? New trade tariffs on China, Canada, and Mexico introduced by Trump have spooked investors, raising fears of a global trade war.
📊 Current market prices (14:26 UTC):
Bitcoin (BTC): $95,519
Ethereum (ETH): $2,622
Solana (SOL): $199
Avalanche (AVAX): $25.61
⚠️ The market remains highly volatile – what's your strategy now? HODL or sell? 🤔💰
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Key Crypto News (Feb 1, 2025)
Bitcoin (BTC) dropped 3.76% to $98,427, Ethereum (ETH) down 6.47% to $3,055.
Solana (SOL) fell 8.53% to $209, Cardano (ADA) down 7.53% to $0.86.
ME Token claim deadline today (via ME app).
AO Mainnet launching on Feb 8.
Biggest losers: KRYPT (-99.49%), GENE (-98.59%), FLUX (-98.04%).
Crypto remains volatile—DYOR! 🚀