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Bitcoin resumes slide with riskier assets falling out of favor
Bitcoin traded near the lower bounds of its recent trading range as renewed anxiety over corporate profits, coupled with lingering uncertainty over US tariffs, squelched risk appetites across global markets. The original digital asset fell as much as 4.8% to nearly $64,300, its lowest since Feb. 6. Other tokens fared worse, with Ether, the second-largest token, retreating as much as 5.6%. Following the Supreme Court’s decision on Friday to nix President Donald Trump’s “reciprocal” tariffs, the White House swiftly announced plans to replace the prior tariffs with a new, across-the-board 15% levy on US imports. ... (full story)