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07 Feb 2025

...Cryptocurrencies suffer significant weekly losses

Bitcoin remained under pressure on Friday, heading toward its second consecutive weekly decline due to weakened global risk appetite following U.S. President Donald Trump's announcement of new tariffs earlier this month. Bitcoin dropped by 1.6% to $96,723.5 by 01:21 Eastern Time (06:21 GMT) and was on track to incur a loss of approximately 3% for the week. It had lost 4% in the previous week

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