US Tariff Threats: Cryptocurrency Drops To 4% Tuesday, Extends Losses Into Wednesday’s Asian Session

<p>US Tariff Threats<&sol;p>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that Bitcoin has dropped back below &dollar;90&comma;000&comma; its lowest level in more than a week&period;<br &sol;>&NewLine;This is happening as worldwide selloff has equally deepened&comma; ostensibly as a result of geopolitical tensions&period;<&sol;p>&NewLine;<p>This noticeable trend&comma; according to market analysts&comma; is the first time since January 9&period;<&sol;p>&NewLine;<p>The cryptocurrency dropped as much as 4&percnt; on Tuesday and extended losses into Wednesday’s Asian session&comma; slipping 0&period;5&percnt; to &dollar;88&comma;894 by 9&colon;27 a&period;m&period; in Singapore&period; The move tracked declines across equities&comma; long-dated US Treasuries and Japanese bonds as investors cut risk&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;Ninety-thousand has &OpenCurlyQuote;proven to be a critical level that we’ve seen hold as support since the early days of the year and is likely an important inflection point in the short term&comma;”<&sol;strong><&sol;em> said Karim Dandashy of Flowdesk&period;<&sol;p>&NewLine;<p>Smaller tokens fell more sharply&comma; with Ether down over 7&percnt; and Solana sliding 5&period;3&percnt;&period; Crypto-related stocks also retreated&comma; as Coinbase Global Inc&period; dropped 5&period;6&percnt; and Strategy Inc&period; fell nearly 8&percnt;&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;Bitcoin’s sharp drop over the weekend mirrors a broader exodus from risk assets&comma;”<&sol;strong> <&sol;em>said Shiliang Tang of Monarq Asset Management&comma; citing US tariff threats and geopolitical frictions over Greenland&period;<&sol;p>&NewLine;<p>Japanese bond yields surged after election-related tax cut pledges raised fiscal concerns&comma; while Strategy announced a <strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">&dollar;2&period;13 billion Bitcoin<&sol;a><&sol;strong> purchase — its largest since July — highlighting continued institutional interest&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;Today’s news MSTR’s largest purchase in 7 months suggests there’s still significant retail and institutional appetite for Bitcoin exposure through equity wrappers&comma;”<&sol;strong> <&sol;em>said <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">Jake Ostrovskis of Wintermute<&sol;a>&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;30163" aria-describedby&equals;"caption-attachment-30163" style&equals;"width&colon; 275px" class&equals;"wp-caption alignnone"><img class&equals;"size-full wp-image-30163" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2025&sol;08&sol;download-4&period;jpeg" alt&equals;"US Tariff Threats&colon; Cryptocurrency Drops To 4&percnt; Tuesday&comma; Extends Losses Into Wednesday’s Asian Session" width&equals;"275" height&equals;"183" &sol;><figcaption id&equals;"caption-attachment-30163" class&equals;"wp-caption-text"><em><strong>Crypto<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;