Today, Bitcoin slid 4.8% to trade below $65,000 amid uncertainty about the status of US tariffs.
Following the tariff decision, other major cryptocurrencies also fell, with Ether down 5.2%.
Over the past 24 hours, the crypto market is estimated to have shed around $100 billion in value.
In early trading, the wider market also showed signs of impact, with dollar and US stock futures declining, with S&P 500 contracts dropping 0.8% and Nasdaq 100 futures falling 1%. Meanwhile, the Asian equities index increased by 1%.
Before the bell, Bitcoin recovered some of its earlier losses, trading above $66,300, while Ether was at $1,915. However, due to fallout from the Supreme Court decision, the crypto market is expected to remain volatile in the coming weeks.
By CEO NA Editorial Staff
