On Wednesday, the cryptocurrency market experienced modest losses alongside a decline in the major U.S. stock markets, which fell approximately 2% amid disappointing economic data. Bitcoin managed to narrow its decline to just 0.4%, trading at $94,700 shortly after the stock market closed. In contrast, altcoins suffered more significant losses, particularly Hut 8 and Coinbase. Although the market saw some volatility throughout the day, it largely remained within a tight trading range, with the CoinDesk 20 index dropping 2% over the last 24 hours. Notable declines were observed among several popular altcoins including Litecoin, Ripple, Avalanche, and Chainlink, each dropping around 4%. Despite a slight rebound in the stock markets towards the day's end, economic concerns were fueled by U.S. President Trump's unwavering tariff policies, bringing uncertainty to market dynamics. Overall, the cryptocurrency sector continues to face challenges as it reacts to shifts in the broader financial environment.

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