Crypto market hits ‘extreme fear’ zone: Trump tariffs, US economy slowdown trigger market volatility

Beyond trade tensions, crypto markets are facing uncertainty over a potential US economic slowdown, exacerbated after a raft of weak readings on consumer sentiment.

Cryptocurrency investors could be in for a roller-coaster ride ahead with the crypto market hitting the “extreme fear” zone on concerns that the perceived exceptionalism of the US economy may be waning, while President Donald Trump moves forward with tariff plans, market experts said.