Bitcoin Drops to $80,769, Down 2.6%, Amid Trump's Tariff Decision

Bitcoin has experienced a significant decline, falling below the $81,000 mark and further dropping to below $80,000. This drop comes as the Trump Administration officials have announced that tariffs will not be delayed, adding pressure to the cryptocurrency market.

The decline in Bitcoin's value is part of broader market movements, with global liquidity shifts and $252 million in liquidations contributing to the downward trend. Bitcoin is now trading at $80,769, marking a 2.6% decrease. The overall crypto market cap has fallen to $2.59 trillion. Upbit has listed BTC at a 1.83% premium, reflecting regional market dynamics.

The market is closely watching these developments, with only four hours remaining until the US stock market futures open.

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