Bitcoin Slips for Third Day as US Tariff Worries Shake Crypto Markets

Bitcoin Price Declines Amid US Tariff Concerns

Bitcoin has experienced a third consecutive day of decline, dropping 0.3% to $95,472 as of 10:29 ET, according to Investing.com. The cryptocurrency market remains cautious due to uncertainties surrounding U.S. trade tariffs and the Federal Reserve's interest rate policies. Analysts highlight that Bitcoin, often seen as a risk-sensitive asset, is particularly vulnerable to macroeconomic shifts. Additionally, persistent inflation above the Federal Reserve's 2% target has fueled speculation of prolonged hawkish monetary policies, further dampening Bitcoin's appeal as a non-yielding asset.

For more details, visit Investing.com at https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-falls-for-3rd-straight-day-to-954k-amid-us-tariff-risks-3873207.

Hong Kong Firms Collaborate on Stablecoin Initiative

Standard Chartered, Animoca Brands, and Hong Kong Telecommunications have announced a joint venture to issue a Hong Kong dollar-backed stablecoin, as reported by Investing.com. The initiative aims to enhance domestic and cross-border payments while leveraging blockchain technology. This move aligns with Hong Kong's efforts to position itself as a leading cryptocurrency hub, with growing interest in stablecoins and cryptocurrency ETFs. The collaboration underscores the increasing recognition of stablecoins as secure and accessible investment tools.

Read the full report on Investing.com at https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-falls-for-3rd-straight-day-to-954k-amid-us-tariff-risks-3873207.

Standard Chartered Maintains $500K Bitcoin Price Target

Standard Chartered has reiterated its ambitious $500,000 price target for Bitcoin, citing evolving investor demographics, including institutional and sovereign buyers. The bank anticipates significant inflows from Bitcoin ETFs and sovereign wealth funds, such as Abu Dhabi's recent 4,700 BTC investment in BlackRock's IBIT ETF. Analysts believe this shift in buyer profiles could sustain market momentum, even as MicroStrategy's aggressive purchases slow. The bank expects pension funds and central banks to enter the market as long-term investors.

Details are available on Investing.com at https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-falls-for-3rd-straight-day-to-954k-amid-us-tariff-risks-3873207.

Solana Faces a 40% Price Drop Amid Market Challenges

Solana's price has plummeted by over 40% in the past month, falling to $160, as reported by Forbes. Analysts attribute this decline to a combination of factors, including reduced on-chain activity, a looming token unlock of 11.16 million SOL, and reputational damage from high-profile scams. Additionally, the LIBRA meme coin controversy has further eroded investor confidence in Solana-based projects. The upcoming token unlock has raised fears of oversupply, adding to bearish market sentiment.

For more insights, visit Forbes at https://www.forbes.com/sites/digital-assets/2025/02/18/solana-prices-plunge-40-in-a-month-as-perfect-storm-fuels-losses/.

FTX to Repay Creditors in Landmark Move

FTX is set to repay $1.2 billion to its first group of creditors, marking a significant step in the crypto industry's recovery, according to PaymentsJournal. Creditors owed less than $50,000 will receive full repayment plus 9% annual interest. The repayments are based on the value of holdings at the time of FTX's bankruptcy declaration. While this move aims to restore confidence, critics argue that the repayment model does not account for the substantial gains in crypto prices since the collapse.

Read the full article on PaymentsJournal at https://www.paymentsjournal.com/ftx-to-repay-creditors-in-a-significant-step-for-the-crypto-industry/.

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