According to Bloomberg, BTC Markets CEO Caroline Bowler said: "Trump's tariff policies are affecting the entire market, and fears of a recession caused by trade wars and stagflation are spreading to the counterfeit products and bitcoin markets." BTC fell to around $97,000, its lowest level in more than two weeks. Specifically, BTC fell 4.3% and ETH 8% in Sunday's trading, while the sell-off of counterfeit products was even more intense. Including DOGE, which fell around 14% during the trading session, is down 45% from the high point reached after Trump's victory spurred a digital asset rally on December 8 last year. Counterfeit products such as XRP, ADA, AVAX, and LINK all fell more than 10%.