The post Bitcoin Experiences Volatile Week Amid DeepSeek Fears and Trump’s Tariffs, Sparking Controversy with Ripple appeared on BitcoinEthereumNews.com.

Bitcoin has experienced significant volatility recently, driven by various market factors, including DeepSeek advancements, Federal Reserve indicators, and political tariffs. The world’s leading cryptocurrency surged past $100,000, but concerns around regulatory measures and external market pressures remain prominent. “Millions of people will now be able to use the most open, secure blockchain to send dollars globally,” said Elizabeth Stark, emphasizing Tether’s latest integration with Bitcoin. Exploring Bitcoin’s recent fluctuations amid political and financial developments, including ETF activity, Tether’s announcements, and the Ripple controversy. Bitcoin’s Rollercoaster Ride: Market Reactions and Future Outlook Over the past week, Bitcoin’s price has been influenced by a myriad of factors causing dramatic fluctuations. Currently valued at approximately $101,880, the cryptocurrency saw a low of $98,380 before recovering to retake the significant $100,000 mark. This rally was triggered by sentiment surrounding comments from Federal Reserve Chair Jerome Powell, who indicated potential interest rate cuts as inflation rates begin to stabilize. Such news provided a significant degree of optimism for investors, allowing Bitcoin to momentarily counteract negative market movements. Market Reactions: Tariffs and Tech Disruptions Despite the initial recovery amidst positive news, additional turbulence arrived with the announcement of President Trump’s tariffs targeting Canada, Mexico, and China. Following a surge near $106,000 on Friday morning, Bitcoin plummeted again, illustrating the complete volatility in the continuous tug-of-war between good news and regulatory concerns. Furthermore, a conflicting sentiment arose after the introduction of a new AI model from Chinese startup DeepSeek, which led technology investors to divest from both AI and crypto investments rapidly, further weighing on Bitcoin prices. Impact of Exchange-Traded Funds (ETFs) on Bitcoin Trends The launch of new Bitcoin exchange-traded funds (ETFs) has sparked an influx of capital into the cryptocurrency space, with nearly $1.6 billion pouring into these investment vehicles last week due to a…

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Filed under: News - @ February 1, 2025 3:18 pm