Bitcoin crypto market cap dominance spikes as Trump trade war fears take over, with altcoins seeing “capitulation wicks.”
Bitcoin (BTC ) starts February down heavily as a wave of fear infects crypto and risk assets thanks to a new US trade war.
BTC/USD nears $90,000 as a mass crypto sell-off sees altcoin “capitulation wicks” and billions of dollars in liquidations.
The US trade war wreaks havoc on stock market futures as traders brace for what US President Donald Trump agrees will be “some little pain.”
Read more,# Bitcoin’s Market Dominance: The Fear Factor
## Key Points:
– **Trade War Terrors**: A looming US trade war is sending jitters through the crypto world, causing a wave of fear reminiscent of that time you mistakenly thought your ex was texting you.
– **Bitcoin’s Mighty Rise**: As altcoins are left crying with “capitulation wicks,” Bitcoin’s market cap takes center stage, proving once again that it has the charisma of a rockstar at a sober party.
– **Breaking $90,000**: BTC/USD is flirting with the $90,000 mark, which should be its new Tinder bio: “Looking for commitment but open to wild fluctuations!”
– **Altcoin Apocalypse**: Billions are being liquidated as traders hit the panic button, leaving altcoins feeling like they stepped into a horror movie with no way out.
## Hot Take
Just when you think things couldn’t get worse, Bitcoin pulls a stunning plot twist straight out of a reality TV show! While altcoins are having a full-on meltdown, Bitcoin steps up, flexing its “dominant” biceps. The moral of the story? In crypto, it’s always the drama llama who steals the show!
#StayInvested #CryptoDrama #BTC #AltcoinS.O.S #TradeWarTerrors
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#Bitcoin, #Crypto, #MarketCap, #Trading, #Altcoins, #TrumpTradeWar
