Trump stated that the trade war with China is ongoing and emphasized that tariffs are a crucial tool for national defense. He also noted that without customs duties, the U.S. cannot ensure its national security. At the time of writing, Bitcoin (BTC) is trading at $110,609, while Ethereum (ETH) stands at $4,001.
The Fear and Greed Index is at 32, indicating fear.
Key developments to watch today:
General Crypto Event: The European Blockchain Convention will begin.
General Market Data: U.S. jobless claims will be released.