#TraderProfile $BTC $ETH $SOL Crypto sentiment sinks to ‘extreme fear’ as Trump says tariffs still on

Crypto market sentiment dived to “Extreme Fear” after US President Donald Trump said 25% tariffs against Canada and Mexico are on schedule.

In the days after the announcement, Bitcoin

BTC

$83,870

fell from around $105,000 to around $92,900 and over $2.2 billion worth of Ether

ETH

$2,315

was liquidated with traders apprehensive of a looming trade war as Canada’s and Mexico’s leaders promised to launch retaliatory tariffs on the US.

Days later, on Feb. 3, Trump agreed to pause the tariffs for 30 days after Canada and Mexico agreed to boost border protections. Now he’s saying they’re on schedule to resume when the pause lifts early next month.

The crypto markets have tumbled on Trump’s other tariffs, too. Bitcoin stumbled on Feb. 9 after the President said he was slapping a 25% tariff on aluminum and steel imports and again on Feb. 13 when he signed an executive order for sweeping reciprocal tariffs.

The last time the crypto sentiment tracking index hit “Extreme fear” — which is a score of 25 or lower — was on Sept. 7, when Bitcoin fell to around $54,000 after having fallen 7% over the previous two days.

Crypto sentiment index scores over the past 12 months. Source: alternative.me

Related: Crypto market weakness sparks $86K Bitcoin price target next

Bitcoin has fallen 4.5% over the last 24 hours to under $92,000 — its lowest price since late November, according to CoinGecko.

The wider crypto market has also tumbled over the last day, with its total market value falling nearly 8% from over $3.31 trillion to around $3.09 trillion.

The wider US market has also seen a dip, with the S&P 500 having fallen by 2.3% in the last five trading days, while the Nasdaq Composite has dropped 4% over that same time.