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Stock impact report

BTC, ETH, XRP Set for a Near-Term Bounce as Attention Turns to Rate Cuts [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
Crypto markets saw high volatility on Wednesday and Thursday in the run-up to the tariff announcement, where President Donald Trump levied a minimum 10% fee on all imports to the country. Major tokens bitcoin (BTC) ether (ETH) Solana's SOL XRP (XRP) , and others, zoomed ahead of the speech and slumped as global markets fell, reversing all gains from the start of the week. Markets have since shown an uptick in prices on Friday morning, with BTC steady above $83,100, ETH retaking $1,800 and XRP, SOL and ADA rising over 2%. Ahead of Trump's speech, investors transferred larger volumes of Bitcoin, ETH, and XRP into exchanges, suggesting a growing intent to sell, per a CryptoQuant note shared with CoinDesk on Thursday. Bitcoin transactions surged to as much as 2,500 BTC in a single block just hours after Trump began speaking. In the U.S., Coinbase also saw a rise in bitcoin deposits, particularly from large holders. Similarly, ETH inflows into exchanges spiked to an hourly peak Show less Read more
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