An agreement was reached in which the US would impose 55% tariffs and China would impose 10% tariffs.
Trump called for a 100 basis point cut in interest rates following the release of Consumer Price Index (CPI) inflation data.
At the time of writing, Bitcoin (BTC) is trading at $107,910 and Ethereum (ETH) is trading at $2,772.
The fear and greed index is at the greed level with “61”.
Important developments during the day:
Aptos (APT): 11.31 million tokens, corresponding to 1.79% of the amount in circulation, will be unlocked.
General Market Activity: US unemployment benefit claims data will be released.
