According to @BitwiseInvest, US tariffs have intensified foreign exchange uncertainty by strengthening the Dollar, thereby negatively affecting major cryptocurrencies like Bitcoin and Ethereum. This development is crucial for traders as it suggests potential downward pressure on these assets, thus impacting trading strategies and market positioning.

According to Michaël van de Poppe, Bitcoin is consolidating amid a challenging macroeconomic climate with a strong Dollar and rising yields, causing continued suffering in altcoin prices.