BTC price comeback sours on fresh tariff woes
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing about 3% after the daily open.
Markets had surged on news that US tariffs on Mexico and Canada would be delayed by a month, along with President Donald Trump signing an executive order to create a first-of-its-kind sovereign wealth fund.
White House cryptocurrency director David Sacks will hold a news conference at 2.30 pm Eastern Time to reveal US digital asset policy details.
"The Trump administration plans to reposition America as the leader in digital assets," trader Jelle responded in part of an X post on the topic, preparing for a "big day."
BTC
87,874.28
-2.06%
SOL
125.11
-1.16%
ETH
2,974.35
-2.20%