BTC Drops Below $80K – How Trump’s Tariffs Played a Role

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Crypto investors welcomed Trump’s return to the White House, but after a record-breaking rally, tariff turmoil and global retaliation dragged Bitcoin below $80K.

Since US President Donald Trump’s inauguration on Jan. 20, Bitcoin has swung from a record high of $109,000 to below $78,000 as major tariff announcements from the US and retaliatory moves from trade partners shaved off chunks of the market value of cryptocurrencies and rattled global markets.

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