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news-imageFebruary 27, 2025

Bitcoin down below $84,000: markets react to Trump's tariffs

The price of Bitcoin has experienced a sharp decline, falling below 84,000 dollars and reaching a low of 82,131 dollars.
Publisher: The Cryptonomist
Sentiment: Negative
BTC

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Bitcoin (BTC -3.51%), 16 years after its introduction and with a market cap of more than $1.7 trillion today, is the world's oldest and most valuable cryptocurrency. Its ability to bounce back from lows to reach new highs points to its resilience.

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The market sentiment has dropped to 20 for the first time in recent memory, indicating fear. Besides, the ETFs witnessed a major outflow of over $1 billion, with Blackrock recording over $418 million or 4,200 BTC—the single-largest outflow. This dragged the Bitcoin price close to $82,000, which attracted massive buying interest.

Negative
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How Low Can Bitcoin Price Go After a 20% Drop?

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Strategy's Leveraged ETF Collapses After Bitcoin Correction

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