$BTC

Bitcoin price today: remains below 109,000 dollars due to concerns about tariffs and interest rates

Bitcoin stabilized on Friday after sharply reversing recent gains, as traders prepared for the implementation of tariffs by U.S. President Donald Trump in the coming days, while lower expectations for interest rate cuts also weighed.

Cryptocurrency prices generally fell, even as U.S. lawmakers announced an upcoming "Crypto Week" in which they will consider a series of regulatory measures on cryptocurrencies.

The largest cryptocurrency in the world fell 0.9% to 108,933.4 dollars at 11:22 AM (Spanish time) after rising to 110,500 dollars overnight. Initial gains in Bitcoin were driven by optimism about greater trade progress between the U.S. and China, which also helped the cryptocurrency break out of the trading range of 103,000 to 108,000 dollars seen over the last month.