Bitcoin Dips Bell $ 80,000 AMID Macroeconomic Uncertains

The bitcoin rally, which began in November 2024 Following Donald Trump ‘ On Friday, February 28, Bitcoin Saw a Nearly Six Percent Decline on International Exchanges, Dropping to $ 80,020 (roughly Rs. Reflected a five percent Dip over the past 24 hours, with bitcoin trading at $ 85,135 (roughly Rs. 74.4 lakh).

Explaining the Slowdown, The Coindcx Research Team Told Gadgets 360 that, “The tariff war escalated after president trump announce an added an added an added an added 10 percent tarif on every time Adversely impacted the crypto markets. Additionally, the sec stated that most of the memecoins do not qualify as secondies, as the Howey Test Keeps Them Out of The Security Rules Rules Mainly Since Thei Thrive On Hype, Not Utility. “

ETher Trailed Behind bitcoin on the price charts on Friday and when a price Dip of over nine percent over the last day. On Global Exchanges, Ether is Trading at $ 2,114 (roughly Rs. 1.84 lakh), as shown by coinmarketcap. As per Indian exchanges, eth is priced $ 2,130 (roughly Rs. 1.86 lakh) after see a Dip of 8.70 percet.

“Ethereum has sufered, droping to a yearlong low. The market sentiment has been shaken by trump’s tariff policies, regulatory concerns, and the recent $ 1.5 billion bybit hack, Eroding Investor Confidence, “Said Avinash Shikhar, CO-Founder and CEO, Pi42. “Traders aree eyeing key technical levels and economy facts that could dictate bitcoin’s next move. As Risk-of Sentiment Mounts, Crypto Investors Should Remain Cautious About What Lies Ahead. “

The Crypto Price Tracker By Gadgets 360 Showed Majority Altcoins Trading In Losses on Friday.

These include Ripple, Solanaand Cardano AlongSide Avalanche, Chainlink, Shiba inu, Dogcoin, SteellarAnd (polkadot) (hts,

Shiba inu, Uniswap, Litecoinand Steellar Also tumbled in pris.

The overall crypto market Valuation Fell by 5.40 Percent to $ 2.66 Trillion (Roughly Rs. 2,32,48,293 Crore) in the last 24 hours, showed Coinmarketcap,

Leo, Iotaand Circuits of value Managed to Retain Miniscule Profits.

“Even as the sec has been softening its stance against crypto lately, with yesterday’s comments coming out with memecoins not being securites-there is no respite to be found in the MARKET. For BTC, Next Support Line is Around $ 73,000 (roughly Rs. 63.8 lakh) Mark and if Global Macro does not change, this can Haappen Much Sooner Than PeoPle Are Expecting, ”The Coinswitch MARCETS Told Gadgets 360, URGING Investors to Tread Cutiously.

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