Bitcoin Price Bounces, While Some Crypto Stocks Keep Falling
Key Takeaways
- Bitcoin prices rose slightly Friday, offering a measure of respite after falling in the wake of this week’s tariff news.
- Shares of some crypto-related stocks continued to slide, including Robinhood Markets and Coinbase Global. Shares of Strategy were higher in recent trading.
- Bitcoin remains well below the six-figure prices it enjoyed in February, when investors were optimistic that cryptocurrency would fare well under Trump.
Bitcoin prices ticked up Friday, reversing a slide that began when new tariffs were unveiled earlier this week.
Prices for the leading cryptocurrency crept toward $84,000, after sinking below $81,500 Thursday. Bitcoin plunged Wednesday when President Donald Trump announced a package of…
