$CFX

Crypto in red due to fears of tariffs and weak labor data

This Friday, Bitcoin fell below 115,000 USD and dragged down crypto stocks like Coinbase (-16%), Riot (-11%), and CleanSpark (-7%), following worse-than-expected employment data in the U.S. and new tariffs announced by Trump 🇺🇸.

📊 Although a rate cut by the Fed is expected, persistent inflation 🔥 and trade tensions 🌐 keep pressure on risk assets like cryptocurrencies and their related stocks.