Bitcoin
The very moderate rally on Monday was aptly reversed on Monday, and President Trump’s tariff policy once again became the center stage.
In the U.S. afternoon, the largest cryptocurrency fell $108,000 below $108,000, down 0.8% in the past 24 hours. BTC switched hands at $107,700, bringing all relocations to and from $109,700 on Sunday.
Ethereum’s Ethereum
With a 0.6% drop, while smaller cryptocurrencies (including Solana’s Sol, Dogecoin), Sui’s Sui fell by 1%-2%. XRP performed more than 2%.
The waning investor sentiment is President Trump raising tariffs even if he postponed his July 9 trade deal deadline to August 1.
In a letter from the White House For its peers in Japan and South Korea, Trump has set a 25% tariff on products in both countries starting August 1. Trump shares more letters about truth socializing, revealing a 25% tax Kazakhstan and Malaysia30% objection South Africa40% Myanmar and Laos.
In a social post on Monday, Trump also threaten Additional tariffs on countries with consistent national policies, the BRICS is a loose intergovernmental state, including Brazil, India, China and Russia.
White House Press Secretary Karoline Leavitt said at a press conference that the government will send letters about tariff rates to more countries or announce a trade deal in the coming days.
The Nasdaq and S&P 500 indexes fell about 1% on Monday, while the yield on 10-year Treasury bills was also higher, close to 4.4%.
renew (July 7, UTC): Tariffs have been increased on Kazakhstan, Malaysia, Laos, Myanmar and South Africa.
