Bitcoin dips as US steel tariffs and economic concerns weigh on crypto markets

Wednesday, Jun 4, 2025 7:06 pm ET1min read
Bitcoin and major altcoins experienced a downturn on Wednesday, with XRP, Solana, and Dogecoin seeing significant declines. Bitcoin fluctuated around $105,000, while Ethereum rose by 0.7%. The market's sluggishness is attributed to heightened U.S. steel tariffs and weakening economic indicators.