Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
The crypto market wobbled after Trump accused China of violating a tariff truce.
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The crypto market wobbled after Trump accused China of violating a tariff truce.
Treasury Secretary Scott Bessent is headed to Switzerland for talks with Chinese representatives.
Bitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday. “Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China),” analysts led by James Butterfill wrote. […]
Amidst the tariff – and tariff pause – turmoil of early April, a Congressional storm has been brewing. House Democrats … Continue reading
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Beijing responds to Washington’s steep tariff hike with equal force, intensifying trade tensions and shaking global markets.