Bitcoin Dips Below $82K as Trump’s Trade War Fears Resurface
Bitcoin and other major cryptocurrencies fell sharply on Thursday, worrying investors around the world.
The price of Bitcoin dropped 5% and was last seen trading at
$81,914.63
, according to Coin Metrics.
Ethereum fell 6%, and Solana's token saw a steep decline of 11% — showing broader weakness in the crypto market.
It wasn't just crypto. The U.S. stock market also dropped hard, with the
S&P 500 seeing its biggest one-day fall since 2020.
Crypto-related companies like
Coinbase
and
MicroStrategy
lost nearly
7% and 10%
, respectively, as investor fear grew.
Former President
Donald Trump
announced
new tariffs
— 10% or more — on goods from many countries.
These tariffs could trigger
a global trade war
, and investors are pulling back from risky assets like tech stocks and crypto.
With rising political and economic tension, both crypto and stock markets are expected to remain
volatile in the coming weeks
.
Stay informed, avoid panic-selling, and keep an eye on how the global market reacts in the days ahead.
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