India, Feb. 5 -- Cryptocurrencies are trading in a muted fashion even as tariff concerns that created worldwide panic over the weekend appeared to ease. Tuesday's press conference by David Sacks, White House's AI and Crypto Czar failed to boost sentiment as markets were peeved by the lack of concrete steps towards the setting up of a Strategic Bitcoin Reserve.
Anxiety ahead of Friday's jobs data and fears about a tightening in the dollar liquidity also dampened crypto market sentiment.
Data released just a while ago that showed a hiring momentum in the U.S. also weighed on crypto prices. With private businesses in the U.S. adding 183 thousand workers to their payrolls in January, higher than an upwardly revised 176 thousand in December an...