Bitcoin fell back towards $67,000 in trading on Sunday as trade uncertainty resurfaced, with investors weighing a new tariff escalation amid a changing legal backdrop in the US.
BTC was trading around $67,526, down about 1.4% in the last 24 hours and down about 2.1% on the week. The move follows President Donald Trump’s decision to raise the global tariff rate from 10% to 15%, despite a recent Supreme Court ruling that invalidated previous emergency trade measures.
The court’s decision appeared to briefly limit Washington’s ability to implement sweeping tariffs ahead of Trump’s planned visit to Beijing on March 31. Instead, the administration responded by raising the overall rate, keeping pressure on trading partners even as the legal basis remains in dispute.
China now faces the same 15% tax that applies to US allies, with that rate set over a 150-day period. Markets are forced to navigate both escalation and ambiguity, a combination that tends to curb risk appetite.
Losses were wide across all major cryptocurrencies. Ether fell 1.8% to $1,951 and is down 2.5% over the past week. XRP fell 4.4% on the day and 8.4% in 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 was down 4.3% and BNB was down 2.3%.
Trade frictions are not limited to Asia. European lawmakers are expressing doubt about the progress of the so-called Turnberry Agreement, saying they want clearer commitments from Washington on trade policy before moving forward.
For now, cryptocurrencies remain closely tied to macroeconomic headlines. Until tariff policy finds firmer footing, digital assets are likely to move on broader risk sentiment rather than purely crypto-native catalysts.
