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Recent volatility in the cryptocurrency markets has prompted traders to exercise caution. Bitcoin 
$104,806 briefly dipped below $95,000, while Ethereum 
$2,540 and Solana 
$157 experienced similar declines. In contrast, XRP managed to limit its losses with a slight increase of about 1%.
Recent Developments in the Market
President Donald Trump’s decision to pause new tariffs on Mexico and Canada for 30 days has created uncertainty in the markets. Traders and market watchers emphasize that without recovery, volatility could resurface at the beginning of March.
In the last 24 hours, Bitcoin saw a roughly 1% drop, trading around $96,000. The price fluctuated between $95,000 and $100,000 throughout the day, raising concerns about the market’s future direction.
Statements from Individuals and Institutions
Ethereum’s price fell by 3%, settling at $2,643. Its trading range between $2,565 and $2,798 aligns with the overall market trend.
While XRP experienced a 1% increase, Solana showed slight decline. Dogecoin 
$0.193908 and other popular cryptocurrencies followed similar downward trends.
Analyst Ali Martinez noted that last month, tokens worth $15 billion were unlocked, with an additional $3 billion and $9 billion set to be released in the upcoming months. This could introduce further volatility into the market.
With cryptocurrencies like Dogecoin, PEPE, and TRUMP losing value, Shiba Inu saw a minor increase. FLR, XCN, and MKR emerged as significant gainers, while BERA, MOVE, and LDO suffered the most losses.
Overall uncertainty is causing investors to adopt cautious risk management strategies. The increase in token unlocks and anticipated tariff regulations suggest that market fluctuations may persist. Keeping a close watch on developments could be crucial for investors in distributing their risks.
