Bitcoin, Ethereum, and Dogecoin have seen immense volatility in recent days, capped by a stronger performance on Tuesday as the market digests the macro environment. Ethereum's outperformance relative to Bitcoin and Dogecoin is notable,

Fears of a global trade war sparked a sell-off of major cryptocurrencies on Monday, impacting mainstream and meme coins alike. Cryptocurrency investors are waking up to a bloodbath this morning. As of the time of this writing,

“A tidal wave of fear, uncertainty and doubt (FUD) has been unleashed across the cryptocurrency market after U.S. president Donald Trump’s Friday tariff announcement,” Petr Kozyakov, chief executive crypto payment platform Mercuryo, said in emailed comments.