Crypto Daybook Americas: The Sea of Red May Not Ebb as Fast as Expected
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Feb 03 2025Market Impact of Tariffs: The recent imposition of tariffs by Trump on imports from Canada, Mexico, and China has led to a significant downturn in crypto markets, with analysts suggesting that this decline may not be temporary due to the potential for escalating trade tensions.
Crypto Market Reactions: Major cryptocurrencies like Bitcoin and Ethereum have seen substantial price drops, while some tokens, such as Hyperliquid's HYPE, have managed to maintain or even increase their value amidst the overall market volatility.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
