Trump Talks Tariffs, Bitcoin Slips: These Two Altcoins Gear Up for Liftoff
U.S. inflation data released on Wednesday showed a 2.4% rise in May, slightly below the expected 2.5%. Bitcoin briefly surged to $110,300 after the report was out, but quickly pulled back. The market also reacted to comments from US President Donald Trump about progress in trade talks with China and the possibility of new tariffs. Despite the swings, the crypto market stayed largely stable, with investors now waiting for next week’s Federal Reserve meeting.
2025-06-12 18:00:00
