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Bitcoin dips below $100,000, memecoins plummet as market responds to US tariffs

DATE POSTED:February 2, 2025

The crypto market has responded to President Trump’s plan to implement 25% tariffs on imported goods from Canada and Mexico, with 10% tariffs on Canadian energy and Chinese goods, with a broad sell-off that has hit memecoins particularly hard. The import taxes are set to take effect on Tuesday, and were levied because the three […]