Bitcoin Plummets to $91K, Long-Term Holders Unfazed

Generated by AI AgentCoin World
Monday, Feb 3, 2025 3:45 am ET1min read
Based on the provided news articles, here's a structured summary and analysis of the Coin Prices news: 1. - Bitcoin price crashes to $91,000, a 6.4% decline, leading to significant market activity. - Coin Days Destroyed metric indicates long-term holders' resilience. - Panic selling leads to large-scale liquidations, but long-term holders' inactivity suggests resilience. - Bitcoin's market appears turbulent, but underlying trends suggest a complex interplay between short-term reactions and long-term holding strategies. - Bitcoin's recent volatility, investor behavior, and the implications of long-term holding are discussed. 2. - World Liberty Financial, a crypto-focused investment firm backed by Donald Trump, suffers a $51.77 million portfolio plunge due to market volatility. - The firm invested $242.77 million in various digital assets between January 19 and January 31, but the portfolio has since plummeted by over 21%. - The firm's biggest holdings, Ethereum (ETH), Wrapped Bitcoin (WBTC), and Ethena (ENA), have suffered sharp declines, dragging down the portfolio's overall value. - The article discusses the impact of Trump's tariffs on the crypto market and the potential for a trade war to affect cryptocurrencies. 3. - Bitcoin (BTC) and Ethereum (ETH) prices drop as Trump announces new tariffs, pushing traders away from risky assets. - Canadian and Mexican stock markets also decline in response to the tariffs. - The article discusses the impact of Trump's tariffs on the broader market and the potential for a trade war to affect cryptocurrencies. 4. - As fear grips the cryptocurrency market due to fresh trade tensions, Bitcoin's dominance surges while altcoins face unprecedented sell-offs. - The Crypto Fear & Greed Index drops sharply, reflecting a heightened level of anxiety among traders. - The article discusses the impact of trade war fears on the crypto market and the potential for Bitcoin to benefit from increased demand. 5.