Close Menu
Earth & BeyondEarth & Beyond

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    One Pre-Pregnancy Blood Test That Can Reveal Your Risk for Complications, According to a New Study

    ‘Boston Blue’ Bosses on Danny and Baez’s Future, on Recasting Sean for ‘Blue Bloods’ Spinoff

    Government ‘doing everything’ to overturn Maccabi Tel Aviv fan ban at Aston Villa match

    Facebook X (Twitter) Instagram
    Earth & BeyondEarth & Beyond
    YouTube
    Subscribe
    • Home
    • Business
    • Entertainment
    • Gaming
    • Health
    • Lifestyle
    • Sports
    • Technology
    • Trending & Viral News
    Earth & BeyondEarth & Beyond
    Subscribe
    You are at:Home»Business»Market Wrap: Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms
    Business

    Market Wrap: Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms

    Earth & BeyondBy Earth & BeyondJune 29, 2025002 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Market Wrap: Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The crypto markets experienced a relatively calm day on Friday in spite of a renewal of the threat of tariffs.

    Bitcoin (BTC) is down 0.7% in the last 24 hours, now trading for $106,700, according to CoinDesk market data.

    The orange coin’s performance was broadly in line with the CoinDesk 20’s — an index of the top 20 cryptocurrencies by market capitalization, except for stablecoins, memecoins, and exchange coins — which fell 0.7% in the same period of time. Sui (SUI) was the index’s token that experienced the biggest price change either way, and it only rose 3.3%.

    Crypto stocks saw more significant moves, with Coinbase (COIN) and Circle (CRCL) losing 6% and 16% respectively. The stablecoin issuer’s stock is down 40% since it topped at almost $300 on Monday.

    Bitcoin miners remained relatively flat on the day, including Core Scientific (CORZ), which rose more than 30% on Thursday off a report that AI Hyperscaler CoreWeave was looking into acquiring the company, although Hut 8 (HUT) fell 6.5%.

    The mild price action contrasted with the prospect of the White House’s tariff strategy kicking into high gear again. U.S. President Donald Trump announced that his administration would be terminating all trade discussions with Canada in light of the Digital Services Tax the country aims to impose on U.S. tech firms.

    “We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven-day period,” Trump posted.

    The pause on reciprocal tariffs is also slated to end on July 9, but neither traditional markets nor crypto seem particularly concerned, Coinbase analysts noted in a research report.

    “[Markets] have largely disregarded the potential economic risks stemming from this situation… partly because this hasn’t necessarily been reflected in the economic data,” the analysts wrote.

    The complacency around tariffs will likely continue, they said, because they are unlikely to be as inflationary as previously expected.

    Crypto Deadline July Looms market Markets Shrug tariff threat Trump Wrap
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous Article‘Cobra Kai’ Creators Wanted Hilary Swank To Return For Final Season
    Next Article How extreme heat disproportionately affects Latino neighborhoods
    Earth & Beyond
    • Website

    Related Posts

    Your Company’s Balance Sheet is Doomed Without Bitcoin

    October 18, 2025

    Salesforce CEO apologizes for saying Trump should send troops to SF

    October 17, 2025

    Recent Fedspeak Confirms Intentions for Rate Cuts to Contiue: BofA

    October 17, 2025
    Leave A Reply Cancel Reply

    Latest Post

    If you do 5 things, you’re more indecisive than most—what to do instead

    UK ministers launch investigation into blaze that shut Heathrow

    The SEC Resets Its Crypto Relationship

    How MLB plans to grow Ohtani, Dodger fandom in Japan into billions for league

    Stay In Touch
    • YouTube
    Latest Reviews

    Your Company’s Balance Sheet is Doomed Without Bitcoin

    By Earth & BeyondOctober 18, 2025

    Salesforce CEO apologizes for saying Trump should send troops to SF

    By Earth & BeyondOctober 17, 2025

    Recent Fedspeak Confirms Intentions for Rate Cuts to Contiue: BofA

    By Earth & BeyondOctober 17, 2025

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    Most Popular

    Bitcoin in the bush – crypto mining brings power to rural areas

    March 25, 202513 Views

    Israeli Police Question Palestinian Director Hamdan Ballal After West Bank Incident

    March 25, 20258 Views

    How to print D&D’s new gold dragon at home

    March 25, 20257 Views
    Our Picks

    One Pre-Pregnancy Blood Test That Can Reveal Your Risk for Complications, According to a New Study

    ‘Boston Blue’ Bosses on Danny and Baez’s Future, on Recasting Sean for ‘Blue Bloods’ Spinoff

    Government ‘doing everything’ to overturn Maccabi Tel Aviv fan ban at Aston Villa match

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Earth & Beyond.
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.

    Newsletter Signup

    Subscribe to our weekly newsletter below and never miss the latest product or an exclusive offer.

    Enter your email address

    Thanks, I’m not interested