Crypto Surge Cools Through Day — Market Talk

This weekend's surge in cryptocurrencies following President Trump's Truth Social post about building a U.S. Strategic Crypto Reserve has cooled down, with cryptos now trading lower this afternoon. Reaction to Trump's post did give crypto a much-needed boost, but other macroeconomic factors -like tariffs- continue to be a key mover for traders. "Digital assets remain subject to broader macroeconomic conditions," says Jacob Joseph of CoinDesk Data. "Like other markets, they are sensitive to uncertainty, and upcoming tariff implementations this week may contribute to cautious sentiment by market participants." BTC is down 4.5% over the past 24 hours, according to data from Coinbase. ETH is down 8.6%, and SOL is down 8.3%. ([email protected])