Bitcoin fluctuates around $68,000, while DOGE and ETH decline amid tariff hesitation and its impact on risk assets

President Donald Trump raised the global tariff rate to 15% despite the Supreme Court ruling against previous emergency trade measures, continuing pressure on China and other partners.

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Bitcoin dropped to around $67,500, extending its weekly losses as trade tensions escalated and legal uncertainty regarding US tariffs affected risk assets.

President Donald Trump increased the global tariff rate to 15 percent despite the Supreme Court ruling against previous emergency trade measures, maintaining pressure on China and other trading partners.

Major cryptocurrencies, including #TrumpAnnouncesNewTariffs , $BTC , $ETH , Dogecoin, Cardano, and BNB, also declined as digital assets continued to trade in line with broader macroeconomic and trade headlines.

Bitcoin again traded near $67,000 on Sunday amid renewed trade uncertainty, as investors balance the escalation of new tariffs with a changing legal landscape in the United States.

Bitcoin was trading around $67,526, down about 1.4% over the past 24 hours and roughly 2.1% over the week. This move comes after President Donald Trump’s decision to raise the global tariff rate to 15% from 10%, despite the recent Supreme Court ruling that invalidated previous emergency trade measures.

The court’s decision appeared to temporarily limit Washington’s ability to impose broad tariffs before Trump’s scheduled visit to Beijing on March 31. Instead, the administration responded by raising the global rate, continuing pressure on trading partners despite the legal basis remaining contested.

China now faces the same 15% tariffs applied to US allies, with this rate set within a 150-day window. Markets are oscillating between escalation and uncertainty, a mix that typically reduces risk appetite.

Widespread losses among major cryptocurrencies were observed. Ethereum fell 1.8% to $1,951, down 2.5% over the week. XRP declined 4.4% during the day and 8.4% over seven days to $1.39. Solana dropped 3.8% in 24 hours to $83.25, while Dogecoin lost about 5% during the day and over 11% over the week. Cardano decreased by 4.3%, and BNB declined by 2.3%.

Trade tensions are not limited to Asia. European lawmakers hint at hesitation to move forward with the so-called Tern Pary agreement, saying they want clearer commitments from Washington on trade policy before proceeding.

So far, cryptocurrencies remain closely tied to macroeconomic headlines. Until tariff policies find a more solid foundation, digital assets are likely to move with broader risk sentiment rather than relying solely on internal crypto-specific catalysts.

$XRP