$BTC I The main cryptocurrencies are experiencing volatile price movements early Friday morning, coinciding with the continued strength of the dollar against major fiat currencies.

The price of Bitcoin dropped to $114,290, approaching a test of the upward trend line extending from the lows of April and June, but quickly recovered to trade near $115,900. The Ether (ETH), the second-largest cryptocurrency by market capitalization, followed the same price pattern as Bitcoin, wiping out its early losses that brought it down to $3,616, later trading near $3,690.

This early tension seems to stem from the broad tariffs that were announced. Alongside the continued rise of the Dollar Index, which surpassed the 100-point level, the highest since late May. The index, which measures the dollar's performance against a basket of major currencies, has gained over 3% in four weeks, indicating a potential tightening that is prompting traders to reduce their exposure to high-risk assets.#EthereumTurns10 #BNBATH