#TrumpTariffs Bitcoin dipped slightly on Monday after rising in early trading due to optimism surrounding the anticipated "Crypto Week" in Washington. The overall market mood remained cautious due to uncertainty about President Donald Trump's changing tariff timeline.

The digital currency received temporary support from Elon Musk's comments, who indicated his new political party's support for cryptocurrencies.

The world's largest cryptocurrency fell by 0.2% to $108,670 at 5:01 PM Saudi time.

The digital currency has remained confined to a limited range during recent sessions, with traders avoiding large positions amid uncertainty over U.S. trade tariffs.