Trump stated that China must supply magnets, warning that if they refuse, the U.S. will impose a 200% tariff or similar harsh measures.
Despite the decline in cryptocurrencies, U.S.-listed crypto ETFs closed yesterday strongly in positive territory. Bitcoin spot ETFs recorded $219 million in net inflows, while Ethereum spot ETFs saw $444 million.
At the time of writing, Bitcoin (BTC) is trading at $109,990, while Ethereum (ETH) stands at $4,408.
The Fear and Greed Index is at a neutral level of 43.
Key developments to watch today:
HeadStarter (HST): Origin Private Sale will be launched.
