
The cryptocurrency markets experienced a relatively tranquil day on Friday despite the resurfacing of tariff threats. Bitcoin is down 0.7% over the last 24 hours, trading at $106,700 according to CoinDesk market data.
Key Points:
- Tariff threats have resurfaced, yet crypto markets remained steady.
- Stocks for major crypto firms like Coinbase and Circle experienced notable downturns.
- President Trump announced the halt of trade discussions with Canada concerning its Digital Services Tax on American technology companies.
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Despite potential market disruptions, analysts suggest that the crypto space has not shown significant concern towards tariff implications, reflecting a stronger than anticipated market sentiment.