Crypto Slides as Trump Tariff Proposal Sparks Risk-Off Move — TradingView News
Cryptocurrencies came under renewed pressure as broader risk assets slipped and haven demand strengthened, following fresh tariff proposals from US President Donald Trump targeting eight European countries. Bitcoin (BTC-USD) fell as much as 3.6% to below $92,000 during Asian trading on Monday, before trimming losses to trade around 2.5% lower by 6 a.m. in New York. Selling pressure was heavier across other major tokens, with Ether down 4.9% and Solana sliding 8.6%. The move erased roughly $100 billion from the total cryptocurrency market value, according to CoinGecko, mirroring a drop in US equity-index futures as gold and silver climbed to record highs.
The market reaction followed Trump’s weekend comments that the US would impose a 10%…
