{"id":11278,"date":"2025-02-04T14:31:31","date_gmt":"2025-02-04T14:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11278"},"modified":"2025-02-04T14:31:31","modified_gmt":"2025-02-04T14:31:31","slug":"bitcoin-rally-stalls-around-99000-ethereum-xrp-struggle-as-china-imposes-retaliatory-tariffs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11278","title":{"rendered":"Bitcoin Rally Stalls Around $99,000, Ethereum, XRP Struggle As China Imposes Retaliatory Tariffs"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) is trading around $99,200 on Tuesday, following China\u2019s announcement of retaliatory tariffs on <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/02\/43454424\/china-strikes-back-new-tariffs-up-to-15-on-certain-us-imports-in-retaliation-for-trumps-10-levy-on-chinese-goods\">certain U.S. goods<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>On Tuesday, China <a href=\"https:\/\/www.mof.gov.cn\/zhengwuxinxi\/caizhengxinwen\/202502\/t20250204_3955222.htm\">announced <\/a>new tariffs on certain U.S. imports, marking a retaliatory response to recent U.S. trade measures. Beginning Feb. 10, China will impose:<\/p>\n<ul>\n<li>A 15% tariff on coal and liquefied natural gas<\/li>\n<li>A 10% tariff on crude oil, agricultural machinery and specific vehicle categories<\/li>\n<\/ul>\n<p>Additionally, the Chinese Ministry of Commerce <a href=\"https:\/\/www.mofcom.gov.cn\/zwgk\/zcfb\/art\/2025\/art_e623090907fc4e1092f0a4db72f57b95.html\">revealed<\/a> new export restrictions on tungsten, tellurium, bismuth, molybdenum and indium, citing concerns over national security.<\/p>\n<p>These critical materials play a key role in various industrial and technological applications.<\/p>\n<p>China has strongly criticized the U.S. tariffs, stating: \u201cThe U.S.\u2019 unilateral imposition of tariffs severely violates the rules of the World Trade Organization.\u201d<\/p>\n<p><strong>Why It Matters: <\/strong>Bitcoin&#8217;s price fluctuations over the past two days reflect shifting investor sentiment tied to geopolitical events.<\/p>\n<p><strong>Geoffrey Kendrick<\/strong>, Head of Digital Assets Research at &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43463102\/bitcoin-rally-stalls-around-99000-ethereum-xrp-struggle-as-china-imposes-retaliatory-tarif\" alt=\"Bitcoin\" rally stalls around ethereum xrp struggle as china imposes retaliatory tariffs>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) is trading around $99,200 on Tuesday, following China\u2019s announcement of retaliatory tariffs on certain U.S. goods. What Happened: On Tuesday, China announced new tariffs on certain U.S. imports, marking a retaliatory response to recent U.S. trade measures. Beginning Feb. 10, China will impose: A 15% tariff on coal and liquefied natural gas [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11278","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11278"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11278\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}