Donald Trump escalated trade tensions by lifting the global tariff rate to 15%, pressing ahead despite a recent ruling by the Supreme Court of the United States that struck down earlier emergency trade actions.
Bitcoin drifted lower toward $67,000 in Sunday trading as investors digested the renewed tariff push alongside lingering legal uncertainty in Washington. BTC changed hands around $67,526, down roughly 1.4% over the past 24 hours and about 2.1% on the week.
The court’s decision had briefly been seen as constraining the administration’s ability to impose sweeping trade measures ahead of Trump’s planned March 31 visit to Beijing. Instead, the White House responded by increasing the universal tariff from 10% to 15%, maintaining pressure on China and other trade partners even as the legal foundation for such moves remains under scrutiny.
China now faces the same 15% tariff applied to U.S. allies, set within a 150-day window. Markets are left balancing escalating trade friction with policy ambiguity — a mix that typically weighs on risk appetite.
Losses extended across major cryptocurrencies. Ether fell 1.8% to $1,951 and is down 2.5% over the past week. XRP dropped 4.4% on the day and 8.4% over seven days to $1.39. Solana declined 3.8% in 24 hours to $83.25, while Dogecoin slid nearly 5% on the day and more than 11% for the week. Cardano lost 4.3%, and BNB eased 2.3%.
Trade tensions are also spilling beyond Asia. European lawmakers have expressed reluctance to advance the so-called Turnberry Agreement, seeking clearer commitments from Washington on future trade policy before proceeding.
For now, digital assets remain closely tethered to macro developments. Until tariff policy stabilizes, crypto markets are likely to track broader risk sentiment rather than move on purely industry-specific catalysts.
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