$BTC

A modestly down day in cryptocurrencies morphed into a deeper selloff late in the in the U.S. day on Thursday.

Above $108,000 a few hours ago, bitcoin slid below $106,000.

Trump tariff threats and boosted Middle East tensions were among the headlines, though other risk assets didn't seem affected.

Cryptocurrencies were broadly lower on Thursday, with the selloff picking up steam in the early U.S. evening hours.