Bitcoin Holds at $109,112 as Tariff Fears and Rate Uncertainty Weigh on Markets
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2 Articles
This article was first published on Cedarnews.net. For more exclusive news and reports, visit our website. Cryptocurrency markets witnessed a collective decline on Friday, July 4, 2025, with escalating concerns about tariffs and the absence of any indications of a US interest rate cut. US President Donald Trump stated that he intends to impose tariffs on between 10 and 12 countries, ranging from 10% to 70%, starting August 1. Trump added that pr…
Bitcoin Holds at $109,112 as Tariff Fears and Rate Uncertainty Weigh on Markets
Bitcoin edged lower on Friday, slipping 0.2% to $109,112 after briefly topping $110,500 overnight. The retreat followed renewed market anxiety over U.S. President Donald Trumps aggressive trade tariffs and fading hopes for near-term Federal Reserve rate cuts. The leading cryptocurrency remains up 1.6% for the week, logging its second consecutive weekly gain. Earlier optimism surrounding U.S.-China trade progress had briefly lifted Bitcoin out of…
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