Recently, the global trade landscape has undergone significant changes. The U.S. government announced a new round of tariff adjustment plans, with tariffs on Canada increasing from 25% to 35%, while other trading partners will face tariff hikes ranging from 10% to 40%. This move undoubtedly adds more pressure to the already uncertain Crypto Assets market.

In this context, inflation issues have once again become the focus of market attention. The core Personal Consumption Expenditures (PCE) in June rose year-on-year to 2.8%, exceeding the Federal Reserve's target of 2.0%. This data indicates that inflationary pressures remain and may continue to influence economic decision-making.

In the face of these macroeconomic factors, the Crypto Assets market shows a clear sense of caution. Investors are concerned that global trade frictions may intensify, thereby affecting economic growth and inflation levels in various countries. This worry is directly reflected in the price trends of Crypto Assets, with the market overall showing a downward trend.

It is worth noting that the direction of the Federal Reserve's monetary policy has a significant impact on the Crypto Assets market. Currently, the market expects that the possibility of a rate cut in September has significantly decreased, replaced by a 58% probability of maintaining interest rates. This expectation typically suppresses investor interest in high-risk assets, including risk assets such as Crypto Assets, which may be affected.

In such a market environment, some well-known Crypto Assets, such as DOGE and XRP, have shown significant selling pressure. This phenomenon may be because these coins are often sensitive to macroeconomic changes, and investors tend to reduce their holdings in these types of assets during times of increased uncertainty.

Overall, the current Crypto Assets market is facing challenges from various aspects such as trade policies, inflationary pressures, and monetary policies. Investors need to closely monitor changes in these macro factors while also paying attention to the fundamentals of each coin project in order to make informed investment decisions in this volatile market.