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Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms

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…

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