Bitcoin Price Bounces, While Some Crypto Stocks Keep Falling
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Bitcoin prices rose slightly Friday, offering a measure of respite after falling in the wake of this week’s tariff news.
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Shares of some crypto-related stocks continued to slide, including Robinhood Markets and Coinbase Global. Shares of Strategy were higher in recent trading.
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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…