MINE.exchange NEWS
February 25, 2025 at 08:14 AM
⚡🕯 Crypto Market Overview as of February 25, 09:00 (CET)
➖ Market Capitalization: $2.96T (-6.03%)
➖ 24h Trading Volume: $145.08B (+74.57%)
➖ Bitcoin Dominance: 61.13% (+0.77%)
➖ Fear & Greed Index: 29 (Fear)
🪙 Bitcoin (BTC): $91,038.10 (-5.07% in 24h, -4.59% in 7d)
🔷 Ethereum (ETH): $2,436.97 (-10.80% in 24h, -8.43% in 7d)
💹 The crypto market experienced a sharp decline, with Bitcoin falling below $90,000 for the first time in months, reaching a local low of $89,000. This drop occurred following a statement from U.S. President Donald Trump regarding the introduction of tariffs on imports from Mexico and Canada, raising concerns about geopolitical instability.
The price decline led to a wave of liquidations in futures contracts, with total losses exceeding $1 billion, affecting 312,551 traders. The largest liquidation was recorded in the ETH/USDT pair on Binance, amounting to $14.95 million.
The Fear & Greed Index plummeted from 49 to 25 within a single day, signaling rising panic sentiment in the market. Alternative sources also report a drop in the index from 86 to 40 over the past week, reflecting a significant shift in investor sentiment.
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