Bitcoin Approaches $80,000 Amidst Significant Declines

Reported about 8 hours ago

Bitcoin dropped nearly 5% to just above $82,000, marking a total decline of nearly 20% over the past month, its worst performance since June 2022. This downturn follows President Trump’s announcement of new tariffs, with analysts noting that political factors are heavily influencing the cryptocurrency market. Despite Bitcoin's surge since the election, recent macroeconomic uncertainties and a significant exchange hack have caused significant sell-offs.

Source: YAHOO

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