Bitcoin, XRP Prices Slip. What's Blocking a Crypto Rebound. — Barrons.com

By George GloverBitcoin was sliding again Tuesday, putting it on course to extend its rough run since U.S. President Donald Trump's inauguration.The world's largest cryptocurrency slid 1.6% to $83,132 in early trading, according to data from CoinDesk.Bitcoin has been stumbling ever since Trump took office and now trades 31% below the record high it hit in mid-January. Bulls hoped that the White House setting up a strategic crypto reserve would boost the cryptocurrency — but Trump's tariffs have offset that, with investors pivoting away from risk-on assets amid fears about a flare-up in inflation and slowing growth.Other tokens were also struggling Tuesday. Ethereum fell 1.5%, XRP was down 2.8%, and Dogecoin — a so-called meme coin that Trump ally Elon Musk has backed in the past — slid 3.3% to just under 17 cents.Write to George Glover at [email protected] content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.