Internet reports that cryptocurrency prices continued to decline, with the escalation of tariff wars and the weakening of the prospects of further interest rate cuts offset the positive stimulus brought by Trump's statement in support of cryptocurrency last week. Risky assets such as cryptocurrencies are under pressure amid concerns that tariffs and government layoffs will drag down U.S. economic growth. U.S. stocks fell and U.S. Treasuries rose as investors sought safety. Nikolay Karpenko, director of B2C2, wrote that while Trump's statement on a strategic cryptocurrency reserve initially boosted optimism, the rally quickly collapsed as the deteriorating macro environment triggered a large sell-off. Bitcoin fell 4.5% on Monday to $79,334, its lowest level since February 28, before declining slightly. 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 $70,000 range to $80,000 range in the next few weeks. Only when the tariff war ends and the Federal Reserve resumes interest rates will the major cryptocurrencies return to their previous highs."