Crypto price news: BTC unfazed by Trump tariff news; DOGE, SOL, ADA lead modest bounce
Bitcoin remained near $68,000 as altcoins like DOGE, SOL, and ADA led a modest market bounce despite volatile tariff news.Summary
Cryptocurrency prices edged higher on Friday, with Bitcoin approaching $68,000, largely unfazed by conflicting news regarding U.S. tariffs announced by President Trump. The day started with the Supreme Court ruling Trump's initial global tariff rollout illegal, though avenues for trade action remained open. Later, Trump announced an additional 10% global tariff effective in three days. Risk assets, including crypto, rose modestly; the CoinDesk 20 Index gained 2.5%, led by BNB, DOGE, ADA, and Solana with 3%-4% advances. Stock markets also climbed, but Bitcoin miners tied to AI infrastructure underperformed. Analysts suggest the small rally reflects a narrative that tariffs damage the macro environment, but muted volumes indicate that crypto is expected to remain range-bound unless significant macro or geopolitical shocks occur, such as potential strikes against Iran.
(Source：CoinDesk)