It was Deja Vu all over the crypto after a hopeful report on a tariff delay was rejected by the White House.
To check, President Trump promised Thursday to impose 25% tariffs in Mexico and Canada starting Saturday Feb. Upside down 2% lower around $ 104,000 levels. US stocks have surrendered a chunk of previous acquisitions, even though the session is still finished with green.
Friday then brought a Report from Reuters Suggesting tariffs will be delayed until March 1 as a process is placed to allow countries to seek exceptions for some exports.
However, the White House called the report “Mali,” along with Trump’s press secretary Karoline Leavitt Minutes ago with reporters Tariffs – including a 10% levy in China – will be effective tomorrow.
Like Thursday, Bitcoin has earlier climbed above $ 106,000 and seems to be set to a challenge of a new note of over $ 109,000. Tariff news, however, again sent prices that care less, with bitcoin trading just below $ 103,000 at the time of press, down 2.3% in the past 24 hours.
The wider CoinDesk 20 Index is at 1.3% at the same frame time, which is more likely to change due to the Ether (ETH) development 1.2%.
A check of traditional markets finds US stocks moderately higher yet, but well their best session levels.
