13h ago
Crypto Markets Slide as Trump's Renewed Tariff Threats Hit Risk Assets and Lift Safe Havens
Crypto assets fell on Tuesday alongside major U.S. equity indexes after President Trump's latest tariff threats against European countries reignited trade war concerns. Bitcoin briefly broke below $88,000 before rebounding near $89,752, while the total crypto market value slipped to $3.03 trillion and Ethereum and Solana posted steeper losses. As investors rotated into gold, silver and U.S. Treasuries, Bitcoin and major altcoins continued to trade in tight ranges, reflecting cautious positioning ahead of Trump's World Economic Forum engagements in Davos this week.