Donald Trump escalated trade tensions by increasing the universal tariff rate to 15%, moving ahead despite a recent ruling from the Supreme Court of the United States that struck down earlier emergency trade measures.
Bitcoin hovered near $67,000 on Sunday as investors weighed the renewed tariff push against ongoing legal uncertainty in Washington. BTC was trading around $67,526, down approximately 1.4% over the past 24 hours and about 2.1% for the week.
The Supreme Court’s decision had briefly been seen as limiting the administration’s ability to deploy sweeping tariffs ahead of Trump’s March 31 visit to Beijing. Instead, the White House raised the previously outlined 10% global tariff to 15%, maintaining pressure on China and other trading partners even as the legal footing remains contested.
China is now subject to the same 15% levy applied to U.S. allies under a 150-day window. The combination of escalating trade friction and policy ambiguity has dampened appetite for risk assets.
Selling pressure spread across major cryptocurrencies. Ether declined 1.8% to $1,951 and is down 2.5% over the past week. XRP fell 4.4% on the day and 8.4% across seven days to $1.39. Solana dropped 3.8% in 24 hours to $83.25, while Dogecoin slid nearly 5% on the day and more than 11% on the week. Cardano retreated 4.3%, and BNB eased 2.3%.
Trade tensions are also rippling through Europe. Lawmakers there have signaled hesitation about advancing the proposed Turnberry Agreement, seeking firmer assurances from Washington on its trade commitments.
For now, crypto markets remain closely aligned with broader macro developments. Until tariff policy gains greater clarity, digital assets are likely to continue moving in step with overall risk sentiment rather than crypto-specific catalysts.
