ChainCatcher news, according to Bitcoin.com News, Iran has expressed support for a unified BRICS currency plan. BRICS countries are accelerating their efforts to reduce dependence on the US dollar, and a unified currency could significantly enhance economic ties among member states.Iran stated that it would fully support the plan if other member countries agree. In response, former US President Trump threatened to impose a 100% tariff if BRICS countries continue to advance the plan.

ChainCatcher news, former U.S. Treasury Secretary Larry Summers stated in an interview that Trump's tariff policy goes against economic logic. This means higher prices for consumers and significantly higher input costs for American producers.Summers questioned, "Why are we now deciding to wage economic war against Canada among so many countries in the world? Canada's minimum wage and basic wages are higher, and unions provide more protection for workers than in the U.S. I just don't understand the logic of these policies; there is no doubt that this is a regressive tax on American consumers."

ChainCatcher news, Canadian Prime Minister Trudeau stated after speaking with U.S. President Trump that the U.S. will suspend the imposition of tariffs on Canada for at least 30 days.On the 1st of this month, Trump signed an executive order to impose a 25% tariff on goods imported from Mexico and Canada. Earlier on February 3rd, Trump spoke with Mexican President Peña Nieto. Both announced after the call that the U.S. and Mexico agreed to immediately suspend the tariff measures for one month and continue negotiations.

ChainCatcher news, according to The Block, Aave founder Stani Kulechov stated: "Tariffs will raise funds for the U.S. and increase domestic production, while also allowing other countries to raise funds and boost their domestic production, making every country participate in the competition for domestic production. This is not an economic recession, but a restructuring of the entire global economy. For those who see stock market crashes during the transition period and face uncertainty, cryptocurrencies will serve as a hedge, and for those looking to reduce uncertainty from bond market crashes, DeFi yields will also act as a hedge."

ChainCatcher news, according to Jinshi reports, Goldman Sachs strategists indicate that due to the latest round of tariffs from the Trump administration affecting profit forecasts, the U.S. stock market could potentially decline by 5% in the coming months.Goldman Sachs strategist David Kostin wrote in a report: "These statements have shocked many investors, who expected tariffs to be imposed only in the event of a failure in trade negotiations. Our economists believe the outlook is uncertain, but they think the tariffs on Canada and Mexico are likely to be temporary."Kostin stated that if the latest tariffs persist, he would lower his profit forecasts for S&P 500 constituent companies by about 2% to 3%, not accounting for the impact of further tightening financial conditions or changes in consumer and business behavior. He also warned that due to the dual impact on profits and stock valuations, the fair value of the S&P 500 index could decline by about 5% in the short term.

ChainCatcher news, according to The Block, analysts at brokerage firm Bernstein stated in a report to clients: "If tariffs mean a stronger dollar, rising inflation, and a weakened prospect of interest rate cuts in the short term, then this implies a decline in global liquidity for risk assets. Over a longer time frame, as governments take on higher debt and larger deficits, leading to further currency devaluation, Bitcoin has relative value against the dollar, which is evident in Bitcoin's long-term compounded history. However, in the short term, Bitcoin is correlated with risk assets. Therefore, the sell-off in cryptocurrencies is not surprising."Bernstein analysts believe that in the long run, the Trump administration sees cryptocurrencies as strategically significant for government governance and national finances, aiming to control inflation through deficit reduction, cost-cutting measures led by Elon Musk's efficiency department, and increased energy production. While foreign governments may retaliate against tariffs by selling U.S. Treasury bonds, Bernstein expects sovereign nations to hoard gold and Bitcoin as an economic buffer, with the U.S. leading the shift in support for cryptocurrencies, and more countries likely to follow suit.

ChainCatcher news, according to Forbes, Bitwise Alpha's strategic director Jeff Park stated that tariffs may only be a temporary tool, but the long-term conclusion is that Bitcoin will not only rise but will rise faster, as both "sides" in the trade imbalance equation want Bitcoin, so the end result is the same: higher prices and faster speeds.Petr Kozyakov, CEO of the crypto payment platform Mercuryo, pointed out that after Trump announced tariffs on Friday, a wave of FUD swept through the cryptocurrency market, and the prospect of long-term interest rate hikes shook all global markets. Although Bitcoin has fallen below the $100,000 mark, the king of cryptocurrencies once again proves its uniqueness, standing in stark contrast to the widespread decline of altcoins. Bitcoin plummeted overnight to just above $91,000, with a drop of nearly 10%, before rebounding to around $95,000. Other major cryptocurrencies experienced even larger declines, with Ethereum down about 20%, while Solana performed relatively better compared to Ethereum, only dropping 6%.

ChainCatcher news, Bitfinex Alpha's latest report shows that the Bitcoin market is undergoing a structural transformation. Although the BTC price fell below $100,000 due to Trump's tariff policy, the continuous accumulation by institutional investors indicates market resilience. MicroStrategy increased its holdings by 10,107 bitcoins for $1.1 billion, bringing its total holdings to 158,400 bitcoins, and submitted a financing application to the SEC in preparation for future purchases; the Japanese listed company Metaplanet completed a $745 million financing to expand its Bitcoin reserves to hedge against the risk of yen depreciation. In January 2025, BTC recorded a 10% increase, with prices consolidating within a 15% range for nearly 65 days.On a macro level, Bitcoin's correlation with traditional markets has increased, with a 30-day correlation with the S&P 500 reaching 0.8, a new five-month high. The Federal Reserve maintained interest rates at 4.25%-4.50%, with inflation still above the 2% target, and core PCE year-on-year remaining at 2.8%. Meanwhile, Tether is integrating its $140 billion USDT into the Bitcoin Lightning Network, enhancing network payment efficiency through Taproot Assets technology, and driving Bitcoin's transformation from a store of value to a payment network.

ChainCatcher news, according to Jinshi reports, XTB analyst Catherine Brooks stated in a report that U.S. President Trump plans to hold a phone call with Canada and Mexico on Monday, which may ease market concerns about tariffs. Brooks said, "(These calls) may bring some hope for reaching an agreement, even if not now, then in the future."She mentioned that the prospect of the calls might keep traders optimistic. The Canadian dollar and Mexican peso remain weak but have recovered from earlier multi-year lows.However, some analysts warn that these hopes may be dashed. Analysts at ING stated in a report that (Trump) "last-minute tariff reductions" seem unlikely.

ChainCatcher news, according to Jinshi reports, after Trump imposed trade tariffs on Canada and Mexico, risk sentiment weakened, causing Bitcoin and other cryptocurrencies to drop. Naim Aslam, an analyst at Zaye Capital Markets, stated: "This announcement has spooked the markets as it signifies further disruptions to global trade and supply chains."He mentioned that Trump's threat to extend similar tariffs to the EU and the UK has heightened concerns over an escalation of protectionist policies that could hinder global economic growth. Bitcoin has been unstable amid recent geopolitical and economic developments. He advised investors to remain vigilant and consider these factors.

ChainCatcher news, QCP Capital's latest analysis points out that the first round of trade policies from the Trump administration has triggered significant volatility in global markets. The yield curve for government bonds has entered a bear flattening phase—2-year yields are rising while 10-year yields are falling, indicating market concerns about short-term inflation and the long-term risks of the trade war on global economic growth.The gold price spread between New York and London has widened, reflecting not only the closure of popular EFP arbitrage trades but also suggesting that the transfer of gold between different vaults may face logistical challenges, reminding the market of the uncertainty that tariffs may further expand.The cryptocurrency market has experienced a severe sell-off. As a risk indicator before the opening of the U.S. market, the cryptocurrency market saw nearly $2 billion in liquidations, with ETH declining more than BTC. Analysts believe that today's risk-averse sentiment is primarily driven by cross-asset portfolio rebalancing rather than a single asset event. Market volatility is expected to continue ahead of negotiations between Trump and Canada/Mexico and the implementation of EU tariff policies.

ChainCatcher news, Matrixport released today's chart. Although the market had long anticipated Trump's tariff policy, it still felt surprised. This may be because last week's market focus was primarily on DeepSeek, rather than Trump's policies.However, more importantly, retail investors are under-participating in this market pullback. As tariff uncertainty is expected to persist in the coming days, this uncertainty is affecting the current market adjustment.A simple and effective way to determine whether Bitcoin is still in a bull market is to observe the 21-week moving average, which has historically been an important indicator for observing broad market trends. As long as Bitcoin remains above this level, the bull market still exists. However, if it falls below this level, traders should adopt risk management strategies.

ChainCatcher news, according to Jinshi reports, the Nikkei 225 index closed down 1052.40 points on February 3 (Monday), a decrease of 2.66%, at 38520.09 points; the South Korean KOSPI index closed down 64.04 points on February 3 (Monday), a decrease of 2.54%, at 2453.33 points.

According to Bloomberg, the cryptocurrency market has been severely impacted following Trump's announcement of new tariffs. Specifically, BTC fell by 4.3% in trading last Sunday, ETH dropped by 8%, and the sell-off of altcoins was even more intense, with DOGE declining by around 14%, while altcoins like XRP, ADA, AVAX, and LINK all fell by more than 10%.Caroline Bowler, CEO of BTC Markets, stated: Trump's tariff policy is affecting the entire market, and concerns about a recession triggered by the trade war and stagflation are spreading to the altcoin and Bitcoin markets.According to a U.S. official, Trump is imposing a 25% tariff on goods from Canada and Mexico, and a 10% tariff on Chinese goods, which will trigger a new round of trade wars.

ChainCatcher message, Robert Kiyosaki, the author of "Rich Dad Poor Dad," stated on X that with Trump's new tariff policy taking effect, gold, silver, and Bitcoin may crash. However, the price crash also brings more buying opportunities. The real issue is debt, which will only get worse.