Bitcoin price falls below $80,000 due to Trump's proposed tariffs

From Cointelegraph
February 27, 2025 9:54:42 pm:

Bitcoin dropped below $80,000 for the first time since November due to US President Trump’s proposed tariffs, leading to $100.01 million in long positions liquidated. Traders now eye $70,000 as a possible bottom, with mixed predictions on Bitcoin rebounding or dropping further. Despite recent volatility, institutions like Standard Chartered remain bullish on Bitcoin, expecting a price of $200,000 this year.

Read more at Cointelegraph: Bitcoin sheds nearly all Trump election gains in plummet under $80K