Bitcoin’s
The weekend rally rally was moderately reversed on Monday as President Trump’s tariff policies took place on stage again.
The largest cryptocurrency slipped below $ 108,000 during the US Japanese period, down 0.8% in the past 24 hours. Changing hands around $ 107,700, the BTC rotated all the move to $ 109,700 on Sunday.
Ethereum’s ether
was 0.6%lower, while smaller cryptos including Solana’s Sol, Dogecoin, Sui’s Sui refused 1%-2%. XRP has been released with more than a 2% gain.
The investor’s dampening sentiment was President Trump who ramping tariffs despite postponing his self-imposition on July 9 trade deal on August 1.
In letters from the White House To counterparts in Japan and South Korea, Trump has set 25% tariffs on Kazakhstan and Malaysia30% against South Africaand 40% for Myanmar and Laos.
In a Monday social post, Trump also threatening Additional tariffs on countries aligned with the rules of the BRICS, a loose intergovernmental group of countries including Brazil, India, China and Russia.
At a press conference, the White House Press Secretary Karoline Leavitt said the government would send letters to more countries about tariff rates or announce trade deals in the coming days.
The NASDAQ and S&P 500 indexes were less than 1% on Monday, while yielding to the 10-year US treasury bonds also higher, near 4.4%.
Update (July 7, 18:43 UTC): Adds tariffs against Kazakhstan, Malaysia, Laos, Myanmar and South Africa.
