The price of cryptocurrency #BTC dropped by about 1.12% on Friday, to 104.670 #USDT , and is still declining amid trade tensions and inflation fears.
This decline comes for the second consecutive day following the release of the minutes from the Federal Reserve's monetary policy meeting for May, which revealed growing concerns about persistent inflation in the United States and the possibility of an economic slowdown.
The price of Bitcoin hovered around 108,000 US dollars. This decline comes shortly after Bitcoin reached a new all-time high, surpassing 111,000 US dollars, on May 22.
