Cooling inflation spotted in April's PCE data seemed not to impact bitcoin and crypto prices, as President Trump hinted at renewed U.S.-China trade bouts.
Market observers remained fixex on tariffs and Fed policy decision despite March inflation data cushioning bitcoin and crypto prices on Friday.
A Nansen analyst said tariff outcomes would impact bitcoin and financial markets more than Thursday's CPI data, which showed cooling inflation.
Bitcoin dropped more than 3% Friday, with leading altcoins like ETH, SOL and XRP sliding over 6% in the past 24 hours.