Daily Market Update: Crypto and Stocks Whipsaw as Trump Backs Off Tariff Threats

TLDR Bitcoin dropped to $87,300 before bouncing back toward $90,000 after Trump withdrew tariff threats against European countries during his Davos speech. Stock futures extended gains Thursday with Dow futures up 0.1%, S&P 500 futures up 0.2%, and Nasdaq 100 futures up 0.4%. Major cryptocurrencies including Ethereum, Solana, XRP, Cardano and dogecoin experienced similar sell-offs [...]

The post Daily Market Update: Crypto and Stocks Whipsaw as Trump Backs Off Tariff Threats appeared first on Blockonomi.