Bitcoin tumbled on Tuesday, deepening its losses from the prior session, as excitement over U.S. President Donald Trump\u2019s<\/strong> proposed national cryptocurrency reserve<\/strong> quickly faded.<\/p>\n\n\n\n The broader crypto market<\/strong> also suffered heavy losses, as investor sentiment took a hit from Trump\u2019s tariff hikes<\/strong> on China, Canada, and Mexico, which escalated concerns over a prolonged global trade war.<\/p>\n\n\n\n As of 00:04 ET (05:04 GMT)<\/strong>, Bitcoin slid 10.1% to $83,950.0<\/strong>, hovering near a four-month low<\/strong>.<\/p>\n\n\n\n Bitcoin and other major cryptocurrencies initially surged on Monday after Trump outlined plans for a national crypto reserve<\/strong> that would include Bitcoin, Ether, and three other unnamed cryptocurrencies<\/strong>.<\/p>\n\n\n\n However, enthusiasm quickly waned<\/strong> as details on the reserve\u2019s formation, funding, and regulatory framework<\/strong> remained unclear<\/strong>. While Trump has issued executive orders to explore crypto regulation, the lack of a concrete roadmap<\/strong> dampened optimism.<\/p>\n\n\n\n Adding to the uncertainty, Trump has also backed several crypto projects linked to his brand<\/strong>, including the $TRUMP meme token<\/strong>, which has since crashed from its post-launch highs.<\/p>\n\n\n\n Still, investors are looking ahead<\/strong> to the White House Crypto Summit on Friday<\/strong>, where Trump may reveal more details on his administration\u2019s crypto strategy<\/strong>. The President has also appointed pro-crypto officials<\/strong> to key regulatory positions, signaling a potentially favorable stance<\/strong> toward the industry.<\/p>\n\n\n\n Crypto markets have been on a downward trajectory since mid-February<\/strong>, largely due to mounting concerns over Trump\u2019s aggressive tariff policies<\/strong>.<\/p>\n\n\n\n On Tuesday<\/strong>, the U.S. imposed:<\/p>\n\n\n\n While these tariffs do not directly impact crypto<\/strong>, they have weakened overall risk sentiment<\/strong>, leading investors to reduce exposure to speculative assets<\/strong> like Bitcoin.<\/p>\n\n\n\n Broader global financial markets<\/strong> also retreated, with safe-haven assets such as gold and the Japanese yen<\/strong> seeing increased demand.<\/p>\n\n\n\n With Bitcoin approaching a critical four-month low<\/strong>, traders will be closely watching:<\/p>\n\n\n\n For now, the combination of policy uncertainty and deteriorating market sentiment<\/strong> continues to weigh on Bitcoin and the broader crypto market.<\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin tumbled on Tuesday, deepening its losses from the prior session, as excitement over U.S. President Donald Trump\u2019s proposed national cryptocurrency reserve quickly faded. The broader crypto market also suffered heavy losses, as investor sentiment took a hit from Trump\u2019s tariff hikes on China, Canada, and Mexico, which escalated concerns over a prolonged global trade …<\/p>\n","protected":false},"author":9,"featured_media":105265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,39,36],"tags":[],"class_list":["post-112463","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=112463"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112463\/revisions"}],"predecessor-version":[{"id":112464,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112463\/revisions\/112464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/105265"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=112463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=112463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=112463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin Rally Fizzles as Policy Uncertainty Grows<\/strong><\/h3>\n\n\n\n
Tariffs Weigh on Risk Appetite, Crypto Extends Losing Streak<\/strong><\/h3>\n\n\n\n
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Market Outlook: Can Crypto Rebound from Losses?<\/strong><\/h3>\n\n\n\n
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