Bitcoin fluctuates at $68K; DOGE, ETH slip as trade tensions pressure risk assets

Donald Trump pushed ahead with a higher 15% universal tariff, sidestepping a recent setback at the Supreme Court of the United States that had invalidated earlier emergency trade actions.

Bitcoin edged lower toward $67,000 on Sunday as traders weighed the renewed tariff escalation against an uncertain legal backdrop in Washington. BTC was trading around $67,526, down 1.4% over the past 24 hours and roughly 2.1% for the week.

The Supreme Court’s ruling had been interpreted as limiting the administration’s ability to implement broad trade measures ahead of Trump’s March 31 visit to Beijing. Instead, the White House raised the previously proposed 10% global tariff to 15%, maintaining pressure on China and other trading partners despite ongoing legal questions.

China now faces the same 15% levy applied to U.S. allies under a 150-day framework. The mix of intensifying trade friction and policy uncertainty has weighed on overall risk appetite.

Selling extended across major digital assets. 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% across 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% on the week. Cardano lost 4.3%, and BNB eased 2.3%.

Trade tensions are also rippling through Europe, where lawmakers have expressed caution about advancing the proposed Turnberry Agreement, seeking clearer assurances from Washington on future trade policy.

With macro headlines dominating sentiment, crypto assets remain closely correlated with broader risk markets. Until tariff policy becomes more settled, digital assets are likely to continue reacting primarily to shifts in global risk appetite rather than internal industry developments.