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The crypto euphoria that coincided with Donald Trump's return to the White House is fading. Bitcoin (BTC-USD), the world’s largest cryptocurrency, hit a three-month low Tuesday as it briefly dipped below $87,000, its biggest drop in three weeks. Ether (ETH), the second-largest cryptocurrency, fell 10%. Another popular cryptocurrency, Solana (SOL), fell more than 12% Tuesday, hitting its lowest point in five months, before recovering some of those losses. Industry watchers aren't pinning the sell-off on any single culprit. Instead, they are pointing to a mishmash of negative forces spurring poor vibes, from broader macro uncertainty spurred by talk of widespread Trump tariffs to the recent hack of crypto derivatives exchange Bybit.