Bitprismia

Tariffs Don't Budge Bitcoin, PNUT Pops on Musk Rant: Crypto Daybook Americas

2025-07-09 12:16:30

Main Idea

The article provides a daily crypto market update, highlighting Bitcoin's stability, PNUT token's surge due to Elon Musk's comments, and various market movements and events.

Key Points

1. Bitcoin's price remained stable at around $108,600, while the CoinDesk 20 index rose by 1.8%.

2. PNUT tokens surged following Elon Musk's comments, though most altcoins underperformed compared to Bitcoin.

3. Trump's tariff warnings to 14 nations had little impact on traditional markets or cryptocurrencies.

4. The Federal Reserve is tightening liquidity by $40 billion monthly, with Fed Chair Jerome Powell signaling no changes to the upcoming deadline.

5. Cryptocurrency investment products saw nearly $1 billion in inflows, with Bitcoin funds reaching a record $188 billion.

6. Bitcoin's dominance in the crypto market rose to 65%, while Ethereum and other altcoins showed mixed performance.

7. Upcoming events include governance votes, token unlocks, and conferences like the CoinDesk Policy & Regulation event.

8. Market data showed minimal movement in major indices, with gold futures down and silver futures up slightly.

Description

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin (BTC) is hovering around $108,600, pretty much unchanged over 24 hours. The broader CoinDesk 20 ( CD20 ) index added 1.8%, shrugging off the uncertainty surrounding President Trump’s recent tariff threats against various countries. President Donald Trump sent letters to 14 nations, including key partners in Asia, warning that tariffs will be applied starting Aug. 1 unless they make concessions to the U.S. when it comes to t...

>> go to origin page
Tags:
Crypto Daybook Americas Crypto Daybook Americas News
📱 Full Version
$XRP
$2.4093
+4.50%
$BTC
$110908.1
+1.89%
$TRUMP
$9.002
+4.57%
$ETH
$2750.70
+5.49%
$ARB
$0.3559
+5.46%
$LINK
$14.270
+2.82%
$APT
$4.651
+4.17%
$SOL
$156.86
+4.06%
$DOT
$3.635
+4.94%
$TRX
$0.28967
+0.72%
$IMX
$0.4506
+6.17%
$OP
$0.5851
+6.27%
$AVAX
$19.46
+5.82%
$BONK
$0.000020928
-4.71%
$POL
$0.2069
+8.73%
$SEI
$0.2664
+2.50%

CoinDesk

www.coindesk.com

Latest News