As of February 8, 2025, the cryptocurrency market is experiencing notable volatility. Bitcoin (BTC) is trading at approximately $96,019, reflecting a 2% decrease from the previous close, with an intraday high of $100,186 and a low of $95,670. Ethereum (ETH) is priced around $2,608, down 5.5%, with a high of $2,798 and a low of $2,570. Other cryptocurrencies like BNB, XRP, and Cardano (ADA) are also exhibiting fluctuations.
Recent market movements have been influenced by geopolitical events, including the announcement of new tariffs by the U.S. administration on imports from Canada, Mexico, and