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As of February 5, 2025, Bitcoin (BTC) is trading at approximately $97,441, reflecting a 2.27% decrease from the previous close.
This decline aligns with recent market trends, where Bitcoin has experienced a 4.6% decrease over the past month.
Recent geopolitical events, such as increased U.S. tariffs on imports from Canada, Mexico, and China, have contributed to market volatility, leading to a significant $2 billion liquidation in the crypto market.
Despite these fluctuations, Bitcoin's long-term growth remains noteworthy. For instance, an early miner who held 50 BTC for 15 years recently transformed an initial $3 investment into $5 million, highlighting the potential benefits of long-term holding.
For those interested in understanding Bitcoin's fundamentals, resources like Looking Glass Education offer comprehensive courses on Bitcoin and finance.
As always, it's crucial to stay informed and approach cryptocurrency investments with caution, considering both current market conditions and long-term trends.
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