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BTC volatile near $100K, China reignites trade-war, US to get SWF

February 5, 2025
in Web3
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BTC unstable close to $100K, China reignites trade-war, US to get SWF

BTC lingers beneath $100k as China tariffs US items. One other $400m liquidations in unstable 24 hours. Liquidations yesterday might have reached $10b: Bybit. Trump set to create US sovereign wealth fund. Lummis hints sovereign wealth fund would purchase BTC. Professional-crypto Lutnick to guide sovereign wealth fund. Sachs set for AI & crypto press convention at this time. MicroStrategy halts BTC purchases, 1st time in weeks. ETH raises fuel limits for first time since 2021. Its a good time so as to add ETH: Eric Trump. Hyperliquid flips ETH in 7-day revenues. WLFI strikes $212m ETH to Coinbase Prime. SEC can’t launch probes with out management approval. TRON, Motion Labs deny token swap for WLFI. CFTC probing Cryptocom and Kalshi’s contracts. Banks might restrict crypto exposures: TD Cowen. Kraken secures MiFID license in EU. Coinbase accepted to supply crypto providers in UK. WazirX set to vote on restructuring. Coinbase criticised for $300m misplaced to scams.



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Tags: 100kBTCChinaReignitesSWFtradewarVolatile
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