Bitcoin, the world's most prominent and traded cryptocurrency, is experiencing a downward trend primarily attributed to uncertainty surrounding tariff policies announced by former President Trump. This morning, it recorded a 3% drop, positioning its value just above $66,000. The digital asset saw even larger losses earlier, plummeting as much as 4.8% to nearly $64,300, its lowest point since February 6, before rebounding slightly in early trading in New York. Other cryptocurrencies are not faring better, with Ether, the second-largest token, declining by 5.2% to approximately $1,915. Such sharp declines come after a series of statements from U.S. officials indicating that trade agreements may no longer be possible, further fueling market volatility. Bitcoin started the year 2026 around $88,000 and saw an increase to a peak of $96,900 on January 14. However, the market sentiment shifted post-peak, and the price has been on a gradual decline ever since, reflecting broader concerns in the cryptocurrency market and investor sentiments influenced by geopolitical factors. The current state of Bitcoin and other cryptocurrencies highlights the fragile nature of digital assets in the face of external economic pressures. Uncertainties regarding tariffs and trade agreements can greatly influence investor confidence, leading to sharp price fluctuations. As global markets remain interconnected, the implications of these tariff discussions could extend beyond cryptocurrencies, potentially affecting other financial markets as well.