The markets went red on Friday on renewed apprehensions linked to prices.
Bitcoin
is down 2.1% in the last 24 hours, exchanging a little more than $ 104,000 after having briefly reached a session of $ 103,900. The Coindesk 20 – An index of the 20 best cryptocurrencies by market capitalization, with the exception of staboins, the same and exchange parts – dropped further, by 4.2%.
Intelligent contract platforms have been particularly affected, with Solana
Suis and avalanche losing 6.3%, 7.8% and 7.3% respectively.
Crypto’s actions also took a hit, in particular the Bitcoin Bitdeer (BTDR) extraction company, down 8.3% on the day of a period which saw the action increase from 132% from April 16 to May 21. The strategy (MSTR) slipped by 2.7% and Coinbase (corner) 1.3%.
The bleeding was not contained in the crypto. The S&P 500 and the NASDAQ are down 1% and 1.5% respectively, while gold lost 0.7%.
American-china price confrontation: Round 2?
Behind prices’ action, the push of American trade tensions was once again hit an agreement earlier this month. The concerns occurred after President Donald Trump accused China in an article on the social truth of “raping” the pricing truce between countries.
Meanwhile, the Treasury Secretary Scott Bessent said in an interview with Fox News that the talks had “stalled” Chinese representatives.
China, in response, has urged the United States to “immediately correct its erroneous actions, stop discriminatory restrictions,” the BBC reported.
The cooling between the United States and China has helped risk assets in May, offering a rear wind to the BTC to get a new record. The re -escalale is now threatening to relax some of these earnings.
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