February 27, 2025
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Crypto Holds As Tradfi Sinks On Latest Trump Tariff Threat

Already Having Posted Sharp Losses Over Days, The Price of Bitcoin Held About Steady Following the News.”, – WRITE: www.coindesk.com

Crypto Holds As Tradfi Sinks On Latest Trump Tariff ThreatAlready Having Posted Sharp Losses Over Days, The Price of Bitcoin Held About Steady Following the News.Updated Feb 27, 2025, 2:37 PM UTCPUBLISHED FEB 27, 2025, 2:26 PM UTC

What was shaping up to be a strng Opening for US Stocks is less after President Trump Clarified His Latest Thought Tariffs.

In a post on his Truth Social Complaning About the Influx of Drugs from North and South of the US Border, The President Said Tariffs Will Begin Against Marcho and Canada. An Additional 10% Tariff on China Will Also Be Implemented That Day, He Continued.

Comments Trump Made at A Cabinet Meeting Yesterday Implied Tese Tariffs Weren’s to begin Until April.

Ahead more than 1% prior to the Latest Threat, Nasdaq 100 Futures have Trimmed Those Gains to About 0.6%. S&P 500 Futures Were Posting Only A Marginal Advance at Press Time and Dow Futures have Turned Lower.

The US Dollar Index Has Shot Higher by 0.5% on the News.

ALREADY UNDER PLENTY OF WATER OVER THE PAST DAYS AND WEEKS – INCLUDING A SIZABLE TUMBLE ON LESTAY’s Tariff Chatter – Crypto Is More or Less Hanging Steady at Lows. Bitcoin (BTC) IS Little-Council Over the Past Hour At $ 85.600.

Stephen AlpherStephen Is Coindesk’s Managing Editor for Markets. HE PREVIUSLY Served As Managing Editor at Se timesing Alpha. A Native of Suburban Washington, DC, Stephen Went to the University of Pennsylvania’s Wharton School, Majoring in Finance. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.

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Stephen Alpher

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