{"id":148490,"date":"2025-02-03T11:00:03","date_gmt":"2025-02-03T09:00:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=148490"},"modified":"2025-02-03T03:37:05","modified_gmt":"2025-02-03T01:37:05","slug":"bitcoin-gains-market-share-as-altcoins-struggle-amid-trade-war-fears","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-gains-market-share-as-altcoins-struggle-amid-trade-war-fears\/","title":{"rendered":"Bitcoin Gains Market Share as Altcoins Struggle Amid Trade War Fears"},"content":{"rendered":"

The shift in market sentiment led to heavy losses for altcoins, with Ethereum<\/a> <\/strong>sliding 9.3% over the past week, XRP<\/a> <\/strong>and Solana<\/a> <\/strong>suffering major declines.<\/p>\n

The newly introduced tariffs added fresh volatility to global markets. The U.S. imposed a 25% duty on Canadian imports, an identical tariff on all goods from Mexico, and a 10% levy on Chinese products. These measures triggered retaliatory tariffs, fueling concerns over rising inflation and prolonged high interest rates throughout 2025. In response, investors pivoted away from riskier assets like cryptocurrencies in favor of U.S. government bonds.<\/p>\n

Market analysts have warned that the volatility may not be over. Crypto trader Van Nuener cautioned that the reopening of U.S. futures markets on February 2 could lead to further downside, suggesting that Bitcoin<\/a> <\/strong>and other digital assets might follow traditional markets lower. Meanwhile, BitMEX co-founder Arthur Hayes previously speculated that optimism surrounding Trump\u2019s election would fade as traders realized that crypto-friendly policies would take time to materialize.<\/p>\n