Cryptocurrencies pared losses in today’s trade, with Bitcoin surpassing the $66,000 level as uncertainty over US tariffs affected the market.
Bitcoin fell 1.59% to $66,267,000, narrowing losses after falling to $64,300 earlier today and marking its lowest level since February 6th.
Ethereum, the second largest cryptocurrency, fell about 1.47% to trade at $1,913.85, while Ripple rose 0.57% to $1.4014 and Dogecoin also rose 1.39% to $0.096.
Supreme Court Judgment
Therefore, the cryptocurrency market has lost an additional $100 billion in value in the last 24 hours alone.
This comes after U.S. officials said trade deals previously negotiated with trading partners remain in effect despite a Supreme Court ruling that invalidated President Trump’s use of emergency powers to impose tariffs, as reported by Bloomberg.
Cryptocurrencies narrowed their losses in today’s trade, with Bitcoin surpassing the $66,000 level on the back of the impact of uncertainty over US tariffs on the market.
Bitcoin fell 1.59% to $66,267, paring losses after falling to $64,300 earlier today, its lowest since February 6.
Ethereum, the second largest cryptocurrency, fell about 1.47% to trade at $1,913.85, while Ripple rose 0.57% to $1.4014 and Dogecoin also rose 1.39% to $0.096.
Supreme Court Judgment
Therefore, the cryptocurrency market has lost an additional $100 billion in value in the last 24 hours alone.
This comes after U.S. officials said trade deals previously negotiated with trading partners remain in effect despite a Supreme Court ruling that invalidated President Trump’s use of emergency powers to impose tariffs, as reported by Bloomberg.
