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Over the weekend, Bitcoin dropped below US$80,000, hitting $77,000 amid a global market sell-off. Low liquidity worsened the slide, with altcoins also posting sharp losses. The downturn wiped billions from the market as volatility intensified.
Trump’s sweeping new tariffs led Bitcoin to fall back to US$83K and caused Wall Street to decline. Meanwhile, Grayscale and Fidelity rolled out new Bitcoin-focused investment products.
Bitcoin soared, then stumbled, as Trump’s “Liberation Day” tariffs reignited global trade tensions and market uncertainty.
The price of Bitcoin fell to US$82,000 as traders reacted to economic uncertainty, including upcoming US tariffs and inflation concerns. Major altcoins like Ethereum, XRP, and Solana also faced losses.
Boosted by easing tariff fears, steady Fed policy, and renewed institutional interest, Bitcoin climbed to US$88K last week. Traders now view US$90K as the next key resistance level.
Seven straight days of BTC ETF inflows signal renewed institutional interest, but is it the start of a trend or just a spark?