Bitcoin fell back towards $67,000 on Sunday as trade uncertainty resurfaced, with investors weighing a further escalation of tariffs amid a changing legal landscape in the United States.
BTC was trading around $67,526, down around 1.4% over the past 24 hours and down around 2.1% for the week. The move follows President Donald Trump’s decision to increase the global tariff rate from 10% to 15%, despite a recent Supreme Court ruling that struck down previous emergency trade measures.
The court’s ruling had briefly appeared to limit Washington’s ability to deploy significant tariffs ahead of Trump’s planned March 31 visit to Beijing. Instead, the administration responded by raising the overall rate, maintaining pressure on trading partners even as the legal basis remains contested.
China now faces the same 15% levy applied to US allies, with the rate set over a 150-day window. Markets find themselves facing both escalation and ambiguity, a combination that tends to dampen risk appetite.
Losses have been significant among crypto majors. Ether slipped 1.8% to $1,951 and is down 2.5% over the past week. XRP fell 4.4% on the day and 8.4% over seven days to $1.39. Solana fell 3.8% in 24 hours to $83.25, while Dogecoin lost almost 5% on the day and more than 11% on the week. Cardano fell by 4.3% and BNB by 2.3%.
Trade frictions are not limited to Asia. European lawmakers are expressing hesitance to advance the so-called Turnberry deal, saying they want clearer commitments from Washington on trade policy before moving forward.
For now, crypto remains closely tied to macro headlines. Until pricing policy finds a firmer footing, digital assets will likely move with broader risk sentiment rather than purely crypto-native catalysts.
