The post Bitcoin Bounces Back: BTC Rebounds as Rollblock (RBLK) Nabs $10M+ in Presale, Attracting Big Money appeared on BitcoinEthereumNews.com.

Early February has proved a rough time for Bitcoin, altcoins, and cryptocurrency prices as a whole, mainly due to fears of a new trade war. Investors have been rattled, leading to over $200 million of cryptocurrency sell-offs following news of a potential trade war between the US and several other countries. However, for the short-term, at least, there have been strong signs of recovery for Bitcoin, with the current uptrend bringing it back around the $100k mark.  In other news, the GambleFi platform Rollblock has reported strong demand, with the online casino token designed for Gen-Z bettors already hitting its soft cap target during presale. Trump’s trade tariffs caused uncertainty in the crypto markets – Bitcoin & altcoins now bouncing back At the start of February, Trump announced new 25% trade tariffs on imports from Canada, China, and Mexico, and all three nations hit back with tariffs of their own.   Fearing a trade war and its repercussions, investor confidence plummeted, leading to many altcoins losing as much as 30-40% of their value, while BTC plummeted to a then 2025 low of $92,914.15. Even Trump’s own meme coin has shed half its value, with holders using apps like Moonshot to sell off their holdings.   Fortunately, it takes a lot to keep Bitcoin (BTC) down for too long. Within a day, the BTC recovery had begun. The number one crypto, BTC, had clawed back 5% of its value to sit just below the $100,000 valuation it had rested above throughout most of the month. Recovery has also been in the air for the many altcoins and other cryptos that have suffered across the weekend, some claiming back up to 30% of their value.  Attracting the big money – Rollblock one to watch? Speaking of altcoins, it’s difficult to escape the current hype…

---

Filed under: News - @ February 17, 2025 3:21 am