3 hours ago
Bitcoin's BTC precise humble play rally modestly reversed connected Monday arsenic President Trump's tariff policies took halfway signifier again.
The largest cryptocurrency slipped beneath $108,000 during the U.S. afternoon, down 0.8% implicit the past 24 hours. Ethereum's ether ETH was 0.6% lower, portion smaller cryptos including Solana's SOL SOL, dogecoin DOGE, Sui's SUI SUI declined 1%-2%. XRP XRP outperformed with much than a 2% gain.
Dampening capitalist sentiment was the President Trump ramping up tariffs adjacent portion delaying his self-imposed July 9 commercialized woody deadline to August 1.
In letters from the White House to counterparts successful Japan and South Korea, President Trump acceptable 25% tariffs connected products from those 2 countries starting connected August 1. In a Monday societal post, Trump threatened further levies connected countries aligning with policies by the BRICS, a escaped intergovernmental radical of countries including Brazil, India, China and Russia.
In a property conference, White House Press Secretary Karoline Leavitt said the authorities volition nonstop retired letters to much countries astir tariff rates oregon denote commercialized deals successful the coming days.
The Nasdaq and S&P 500 indexes were little by astir 1% connected Monday, portion yields connected 10-year U.S. Treasury bonds besides headed higher, nearing 4.4%.
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