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The cryptocurrency market has certainly struggled in recent weeks. With increased geopolitical concerns and a brewing US trade war, cautious traders have seemingly dominated the market. However, a turnaround could be set to take place for one crypto. Indeed, Chainlink could eye a jump to $20, as experts say a bullish reversal could be coming amid LINK’s most recent 4% drop. The asset has struggled alongside some of the biggest tokens on the market. Indeed, Bitcoin has been stuck at the $84,000 level, down less than 1% on Tuesday. Yet, if a key support is able to hold up for Chainlink, things could be set to change in a hurry for the asset. Source – Phemex Also Read: Chainlink (LINK) Vs. TRON (TRX): Which Is Better For This Dip? Chainlink Faces Key Turning Point: Why LINK Has $20 Upside and $10 Downside For much of 2025, tariffs and brewing trade wars have dominated the year. Macroeconomic factors have been inseparable from stagnated finance markets as investors look for any ...

The United States economy is caught in an increased state of vulnerability after US President Trump announced sweeping tariffs to a host of trade partners. Indeed, it has subsequently threatened the nation’s currency, as one expert points to the reality that Bitcoin now has a greater chance of outlasting the US dollar. Specifically, Jeff Park, the head of Alpha strategies at Bitwise Invest, discussed the two currencies. Moreover, he noted that the currency situation could create a monumental shift that sees the leading cryptocurrency actually outlast the global reserve asset. Source: Watcher Guru Also Read: Bitcoin May Get Boost as Chinese Yuan Devalues Amid US Trade War Bitcoin to Outlast the US Dollar? Here’s What One Expert Is Saying The US is currently on the brink of a trade war with China. Moreover, it is facing increased recession risks based on the nation’s new Liberation Day tariffs. Its 10% baseline import duty has already been answered by many countries, wit...

The cryptocurrency market underwent a massive as February arrived. Indeed, the market observed more than $2.3 billion in liquidations as prices plummeted. There were few who struggled as much as Cardano, as ADA could fall to $0.70 amid a bearish market. The token certainly wasn’t alone. Although the entire sector was falling in value, XRP, Dogecoin (DOGE), and other altcoins fell as much as 25%. With Cardano plummeting to its lowest level in three months, there are concerns about where the industry will go as a potential trade war keeps brewing in the US. JUST IN: $2,300,000,000 liquidated from the cryptocurrency market in the past 24 hours. — Watcher.Guru (@WatcherGuru) February 3, 2025 Also Read: PayPal’s PYUSD Bridges to Cardano: A New Era in Crypto Integration Cardano Falls to Pre-US Election Levels as ADA Threatens to Move Further Down Despite riding so high at the start of the year, things took a turn for the crypto market in the first two days of February. A host of assets ...