The uncertainty plaguing markets could weigh on the largest cryptocurrency, with investors likely to pivot away from riskier assets.

Bitcoin price took another hit as Trump’s trade war intensified, disturbing global markets. As inflation and political uncertainty were already weighing on investors, this latest development added more pressure.

“A tidal wave of fear, uncertainty and doubt (FUD) has been unleashed across the cryptocurrency market after U.S. president Donald Trump’s Friday tariff announcement,” Petr Kozyakov, chief executive crypto payment platform Mercuryo, said in emailed comments.

Bitcoin, XRP, and other cryptocurrencies were among the assets tumbling on Monday. Investors in the digital currencies can blame President Donald Trump for their losses.Bitcoin fell 3.3% to $94,507 in early trading,

President Trump said Monday that planned tariffs against Mexico will be delayed, reversing the slide of Bitcoin and other major coins.

Cryptocurrency prices slid on Monday as the risk of a trade war spooked investors and caused a selloff across financial markets.

Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets and President Donald Trump’s own meme coin taking

Bitcoin was struggling for direction Tuesday as investors weighed up how President Donald Trump’s trade policies will affect cryptocurrency prices. The world’s largest token climbed when Trump paused plans for 25% tariffs on goods from Mexico and Canada,