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I'm looking at the Bitcoin chart today, still moving in the $71k range but with quite significant dips. In the last 24 hours, it has dropped about 1.26%, even though it went up pretty well a week ago, so there's still positive momentum but today feels a bit pressured. Because the global tariff news from the government just increased to 15% from the previous 10%, this makes investors nervous about the risks. Especially with the court decision that temporarily limited the ability to enforce broad tariffs, which was then responded to with this global tariff hike. So now China and other trading partners face the same taxes for the next 150 days, and this combination fuels risk-off sentiment everywhere.
As a result, all altcoins are also turning red. Ethereum dropped 0.69% in a day to $2.22k, XRP fell 1.11% to $1.33, and Cardano and BNB are also weakening. Dogecoin is the worst, dropping nearly 5% in a day. So these dips are not just Bitcoin, but a market-wide reaction to this macro uncertainty. It seems until the tariff policy becomes clearer, crypto will continue to follow global risk sentiment rather than internal catalysts. The market is in a wait-and-see mode.