In recent cryptocurrency developments, Bitcoin's price has drawn attention from bears speculating it could drop to USD 70,000. This comes against a backdrop of increased volatility, with major players in the market reacting to various global economic factors, including tariffs introduced during Donald Trump's administration. Meanwhile, Ethereum has taken a significant hit, falling approximately 10% in value, which reflects growing concerns regarding its future in the face of regulatory scrutiny and market fluctuations. Analysts are observing these trends closely, as they might signal broader implications for the cryptocurrency market amid international economic tensions. Traders remain cautious, weighing the effects of potential tariffs on cryptocurrencies and their market liquidity, making this a critical time for both Bitcoin and Ethereum investors.

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