Leading cryptocurrencies dipped on Sunday as investors remain cautious ahead of President Donald Trump's tariff "Liberation Day."

Bitcoin tumbled below $82000 during the weekend, a sharp U-turn after hitting nearly $90000 earlier in the week.

Leading cryptocurrencies saw declines on Sunday as investors remained apprehensive ahead of President Donald Trump's threatened tariff "Liberation Day."

What Happened: Bitcoin dropped below the $82,000 level during the weekend, marking a sharp U-turn after nearly touching $90,000 earlier in the week.

fell below $1,800 on Sunday, sliding from above $2,000 earlier in the week, signifying a 9% decrease.

The apex cryptocurrency experienced a 12.21% decline in the first quarter, setting it on course for its worst performance since 2018. Similarly, Ethereum experienced a triple-digit percentage decline this quarter. The last time it encountered such struggles was in 2018 when it slid by 46%.

Interestingly, Bitcoin's dominance reached a four-year high of 61.2%, indicating increased rotation out of altcoins toward the leading digital asset.

Bitcoin's Open Interest dropped by 2.85% in the last 24 hours, suggesting weak speculative demand. The percentage of traders positioned short on BTC rose sharply vis-à-vis those betting on its price increase, according to the Long/Short Ratio.

"Fear" sentiment dominated the market, according to the Crypto Fear and Greed Index.

Top Gainers (24-Hours)

Top Losers (24-Hours)

Crypto Market Volume: In the past 24 hours, the global cryptocurrency market cap slid by 0.24% to reach $2.84 trillion.

On Sunday evening, stock futures were seen trading lower. The Dow Jones Industrial Average Futures slid 199 points, or 0.48%, as of 8:41 p.m. EDT. Futures tied to the S&P 500 dipped 0.78%, while Nasdaq 100 Futures fell 1.37%.

Capital markets were in a holding pattern ahead of Trump's highly touted "Liberation Day," a moment when "reciprocal" tariffs would be introduced against trading partners accused of taking advantage of low U.S. trade barriers. The threat of tariffs has triggered a sharp decline in stocks this month, with the S&P 500 and Dow losing 6.27% and 5.15%, respectively.

The Dow Jones Industrial Average fell 155.09 points, or 0.37%, to close at 42,299.70. The S&P 500 slid 0.33%, ending at 5,693.31, while the tech-focused Nasdaq Composite dipped 0.53% to close at 17,804.03.

Investors likely reacted to Trump's new 25% tariffs targeting foreign automakers.

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Analyst Notes: Popular blockchain analytics firm CryptoQuant stated that seasonal market participants who were previously selling Bitcoin during local peaks have now shifted to accumulation and HODLing.

"The transition of experienced players into a holding (accumulation) phase signals the potential for further BTC growth in the medium term," CryptoQuant added.

Experienced players have transitioned into the coin accumulation phase"Seasoned market participants, who previously engaged in active selling at local peaks (denoted by red circles), have now shifted their strategy toward holding and accumulating positions." – By Axel Adler Jr

According to cryptocurrency analyst and trader Rekt Capital, Bitcoin had filled the CME gap area from $82,000 to $85,000 and was on track to form a new CME gap between $82,700 and $84,000.

"That CME gap will likely form between $82700 and $84000, which could set BTC up for a move into at least $84k next week," the analyst predicted.

CME gaps are the differences in price between the closing price on a given trading day and the opening price on the following trading day on a Bitcoin futures chart. They often act as strong support or resistance levels.

#BTC has filled the general CME Gap area from 82k-85kMoreover, Bitcoin will probably develop a brand new CME Gap over this weekendThat CME Gap will likely form between 82700 and 84000Which could set BTC up for a move into at least 84k next week$BTC #Crypto #Bitcoin