Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms
The crypto markets experienced a relatively calm day on Friday in spite of a renewal of the threat of tariffs.
Bitcoin (BTC) is down 0.7% in the last 24 hours, now trading for $106,700, according to CoinDesk market data.
The orange coin’s performance was broadly in line with the CoinDesk 20’s — an index of the top 20 cryptocurrencies by market capitalization, except for stablecoins, memecoins, and exchange coins — which fell 0.7% in the same period of time. Sui (SUI) was the index’s token that experienced the biggest price change either way, and it only rose 3.3%.
Crypto stocks saw more significant moves, with Coinbase (COIN) and Circle (CRCL) losing 6% and 16% respectively. The stablecoin issuer’s stock is down…
