Cryptocurrency Market Suffers Amid Tariff Uncertainty

The cryptocurrency market is experiencing a significant slump due to increased tariff uncertainty. This volatility has led to outflows from Exchange-Traded Funds (ETFs) and downward pressure on major cryptocurrencies such as Bitcoin, Ethereum, and Ripple.

Bitcoin's price has dipped below $64,000, while Ethereum fluctuates between an intraday low of $1,811 and resistance near $1,958. XRP trades just above key support at $1,32, but a concentration of sellers near $1,42 continues to cap upside progress.

The bearish trend in the market persists, with all three coins facing selling pressure. Investors are wary of fresh uncertainty around US tariff policy, which has led to ongoing unease and volatility in global markets.