Market Wrap: Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms
U.S. President Trump said that all trade discussions with Canada were being terminated.
What to know:
1: The crypto markets remained stable despite renewed tariff threats, with Bitcoin declining 0.7% to $106,700.
2: Crypto stocks experienced significant losses, with Coinbase and Circle dropping 6% and 16% respectively.
3: President Trump announced the termination of trade talks with Canada over its Digital Services Tax on U.S. tech firms.
The crypto markets experienced a relatively calm day on Friday in spite of a renewal of the threat of tariffs.
Bitcoin BTC
$106,925.91 is down 0.7% in the last 24 hours, now trading for $106,700,