Cryptocurrency markets are down 1.75% on Tuesday, with a $60 billion outflow bringing aggregate valuation below $3 trillion

Bitcoin price failed to break out above as Trump’s hints at secondary tariffs triggered skittish sentiment across global markets.

#blackRock moves to launch an ETP Europe, with an initial fee discount to attract investors.

$BNB ecosystem is up 1.2% reacting to the launch of a Trump-backed USD1 stablecoin on the BNB chain. 

Bitcoin market updates: Why is BTC price going down today? 

$Bitcoin price retraces towards $87,100 on Tuesday, hours after hitting a 17-day peak of $88,700. 

Bitcoin’s pullback on Tuesday mirrors the global financial markets’ downtrend after US President Donald Trump is#sued an order to impose 25% tariffs on any nation purchasing oil and gas from Venezuela in what he dubbed “secondary tariffs.” 



Bitcoin  ETF Flows at close of March 24 | Source: SosoValue

Bitcoin ETFs started the week on the front foot with another $84 million in inflows on Monday, marking seven consecutive days in the green.

Japanese investment firm Metaplanet announced another purchase on Monday.

Defunct crypto exchange was spotted moving another 11,000 BTC, potentially introducing downward volatility risks in the day ahead.

Altcoin market updates: BNB chain stands out and altcoin traders take profits on Trump tariff hint

The market rally on Monday saw crypto market capitalization cross $3 trillion before Trump’s secondary tariffs hint prompted many crypto investors to sell early.

At press time on Tuesday, Coingecko data shows that the global crypto market capitalization has plunged 1.7%, which accounts for more than a $60 billion dip within the last 24 hours. 

With market valuation trending at $2.9 trillion, market data shows that while large-cap assets are all in the red, mid-cap altcoin traders are still holding on to considerable gains from Monday. #binanceEarnYieldArena