President Trump’s proposed tariffs and U.S. tensions with Iran have weighed on broader risk sentiment.
Pre-market trading stabilizes as bitcoin reclaims $66,000, Saylor eyes 100th BTC purchase
President Trump’s proposed tariffs and U.S. tensions with Iran have weighed on broader risk sentiment.
Shares:
DOGE – the memecoin – edged past the CoinDesk 20 and the CoinDesk memecoin index as the White House announced Elon Musk's government efficiency initiative is to shutter.
The proposed tax change, supported by the government, will categorize crypto profits under a separate-taxation framework.
The exchange saw its crypto derivatives volumes rise sharply to $8.9 billion in April, led by ether futures growth.
Macroeconomic uncertainty, including a global tariff war, is impacting markets, with bitcoin trading under $79,000 and major tokens down 14%.