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Coin Edition 2025-02-04 04:32:07

Is the Worst Over for $SUI, $WLD, $FET, $TIA, and $ARB Altcoins, or Is More Downside Ahead?

Is the Worst Over for $SUI, $WLD, $FET, $TIA, and $ARB Altcoins, or Is More Downside Ahead?

Donald Trump’s tariffs created havoc for the cryptocurrencies Bitcoin got to a three-week low of $91,441.89 Altcoins suffered the most It’s been a tough few days for the cryptocurrencies and crypto world. Donald Trump’s tariffs towards Canada, Mexico, and China hit the market hard and continue to do so. He has even warned the European Union that sanctions are on the way. All of this put a strain on the market, as even Bitcoin got to a three-week low of $91,441.89 at one point. Altcoins Suffer Deeper Losses However, altcoins had it even worse, some more than others. For example: SUI dropped by around 14% in the last day or so, with the current price standing at $3.09. FET dropped to $0.7354, which is roughly an 18% decrease compared to just one day ago. ARB currently sits at $0.4344 – almost a 23% decrease just a day ago. TIA and WLD fared the worst, with both decreasing over 23% in value. Their current prices sit at $2.93 and $1.21, respectively. Tariff Shock Sparks Global Trade Fears On February 1, 2025, the United States imposed a 25% tariff on imports from Canada and Mexico, and a 10% tariff on Chinese goods. These measur… The post Is the Worst Over for $SUI, $WLD, $FET, $TIA, and $ARB Altcoins, or Is More Downside Ahead? appeared first on Coin Edition .

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