US President Donald Trump hit markets with a fresh tariff threat on Friday, continuing his lashout at China over their decision to impose even stricter export licensing requirements on foreign entities trying to move critical rare earths minerals out of China.
Ripple (XRP) is on the back foot on Friday, marking two days of consecutive declines as prices across the cryptocurrency market wobble. Its technical picture leans bearishly, reflecting the negative sentiment in the market.
Litecoin (LTC) offers bullish signs, trading at around $130 at the time of writing on Friday. The digital asset has increased for two consecutive days, shrugging off volatility, targeted profit-taking and bearish sentiment in the broader cryptocurrency market.