Golden Finance reported that cryptocurrency prices continued to fall, escalating tariff wars and weaker prospects for further rate cuts in the Federal Reserve offset positive stimulus from Trump's statements supporting cryptocurrencies last week. Risk assets such as cryptocurrencies are under pressure amid concerns that tariffs and government layoffs will drag down U.S. economic growth momentum. U.S. stocks fell and U.S. Treasury bonds rose as investors sought hedge. B2C2 director Nikolay Karpenko wrote that while Trump's cryptocurrency strategic reserve statement initially promoted optimism, the rally quickly collapsed due to a massive sell-off caused by deteriorating macroeconomic environment. Bitcoin fell 4.5% to $79,334 on Monday, its lowest level since February 28, and the decline has narrowed since. Solana, Cardano, and XRP fell. Trump once mentioned that these three tokens would be listed as cryptocurrency reserves, but the final executive order did not mention it. Jeff Mei, chief operating officer of cryptocurrency exchange BTSE, said, "Bitcoin is likely to fall to the range of $70,000 to $80,000 in the next few weeks. Only when the tariff war is over and the Federal Reserve resumes interest rate cuts will major cryptocurrencies return to their previous highs."