#BTC Bitcoin is trading under moderate pressure on Tuesday, remaining in a narrow range as uncertainty around US trade tariffs and economic growth keeps traders from engaging with risk assets.

Ether received support after 180 Life Sciences announced that it raised $425 million to finance its ether-based treasury strategy.

Overall, the crypto markets saw slight gains but did not receive significant bullish momentum from the positive start to the week on Wall Street.

Bitcoin traded at $114,280 at 10:07 AM Moscow time. On Monday, the leading digital currency unsuccessfully tried to establish itself above the $118,000 level.

The largest cryptocurrency has struggled to make significant progress since hitting a record high in mid-July and is currently trading in a relatively tight range.

Crypto markets suffered substantial losses last week due to a deteriorating risk appetite, which in turn triggered profit-taking. Corporate acquisitions of BTC also did not support prices, despite announcements of new purchases from Metaplanet and Strategy.