Crypto prices extended losses Sunday evening, trading lower alongside U.S . stock futures as investors reacted to escalating trade tensions and renewed inflation concerns ahead of a busy week for financial markets.
Bitcoin has slipped to $82,100 while Ethereum has dipped to about $1,790. XRP , meanwhile, has fallen to $2.13, according to CoinGecko data.
The drop follows weeks of volatility in equities, with major tech stocks retreating sharply and broader sentiment weakening.
Futures tied to the S&P 500 and Nasdaq-100 dropped roughly 0.7% to 0.8%, while Dow futures lost 0.55% in early trading.
The declines come ahead of the April 2 rollout of reciprocal tariffs announced by President Donald Trump , which Barclays says could affect as many as 25 countries.
Sectors likely to be most affected include automobiles, pharmaceuticals, and semiconductors.
The tariff package is part of a broader effort by the Trump administration to generate $600 billion in annual revenue through a new collection mechanism referred to as the “External Revenue Service.”
Auto-related tariffs alone are expected to impact more than $275 billion in imports annually.
As a result, U.S. consumer sentiment has deteriorated sharply.
The Kobeissi Letter, a financial publication, reported Sunday that sentiment has fallen by roughly 20 points in the past month to a reading of 57, the lowest level recorded outside of a formal recession.
“An economic slowdown has clearly begun,” the report said.
Analysts expect inflation pressures to accelerate across most sectors of the U.S. economy.
Data from the prior Trump-era trade conflict showed a 4% rise in PCE prices among tariff-affected categories, while prices in non-affected sectors declined 2%, according to The Kobeissi Letter.
The pullback in crypto reflects broader caution among investors, particularly as large institutional capital continues to rotate out of risk-heavy positions.
Meanwhile, the so-called “Magnificent 7” stocks have lost more than $3 trillion in market capitalization in recent weeks.
Retail participation remains active, but volatility has increased across both traditional and digital markets.
While some investors view Bitcoin as a potential inflation hedge, short-term correlations with equities suggest crypto remains tied to broader macroeconomic sentiment.
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