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prices slipped on Thursday after U.S. President Donald Trump confirmed progress in trade negotiations with China but warned that new tariffs on major economies would be announced in the coming weeks.

Investors also closely assessed the softer-than-anticipated U.S. consumer inflation data released a day earlier to assess tariff pressures, and the Federal Reserve’s rate outlook.

The world’s largest cryptocurrency fell 1.7% to $107,782.20 as of 2:10 ET (06:10 GMT).