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Bitcoin Falls Back to $83K as China Announces 34% Tariffs on All U.S. Goods

Risk sentiment worsened during the European hours Friday after China announced retaliatory tariffs on all goods, responding to Trump`s Wednesday decision to boost the overall levy on Chinese goods to 54%. Bitcoin, the leading cryptocurrency by market value, fell by $1,600 to $83,000, erasing the early rise to $84,600, CoinDesk data shows. Other tokens like XRP, ETH, SOL and DOGE also reversed early gains to trade largely flat on the day. Meanwhile, futures tied to the S&P 500 and Nasdaq fell over 2% amid escalating global trade tensions. "China`s response is not only negative for the U.S. but it is also impacting the global outlook," ForexLive`s analyst Justin Low wrote in a market update. The Defiant

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Coinbase Drops Major XRP Update: Details

XRP has emerged as new retail favorite this cycle The Defiant