Major Cryptocurrency, except XRP, moderate losses are registered, as President Donald Trump announced a fresh tariff on imports from Mexico and European Union (European Union),
The President slapped 30% levy on two business partners, which would be effective from August 1, according to letters posted on his true social account.
“Mexico is helping me to secure the border. But, what Mexico has done is not enough,” Trump wrote In a letter to Mexican President Claudia Shinbam. In another letter to European Commission Chairman Ursula von Der Leyen, Trump called the European Union away from mutuality.
Earlier this week, Trump released new tariffs for many countries including South Korea, Japan, Canada and Brazil, along with 50% tariff on copper, Trigger In the market for red metal.
Bitcoin
Cryptocurrency, leading by market value, traded around $ 117,400 after Trump’s announcement, which was below the high $ 118,200 to 0.6% of the European session. The prices since the opening Asian trading hours of Friday, CONDESK data shows have failed to establish one leg above $ 118,000.
Ether (Eth)Second largest token, 1% less trades a day (UTC) At $ 2,930, on Friday, put into an indecent doeji candle. Solana’s Sol and Dogi did more than 2% trades, while BNB was 0.7% below. Meanwhile, the payment-centric XRP did a relatively flexible business, shining 1.78% profit as writing.
The weak tone adhered to the mid -week week of intensive rapid price action, which blew the BTC long -held resistance at $ 110K, indicating a fresh risk in the wider crypto market. Some analysts estimated an continuous indoors value action over the weekend.
The founders of the Newslator Service London Cryptoclab said on X, “Later this week we are roaming in the tight range today.
Update (July 12, 16:56 UTC), Cures the price of bitcoin in the 5th paragraph.
