Bitcoin Drops to $80,000 as Crypto-Tied Stocks Fall | Global News Avenue

Cryptocurrency-related stocks with Bitcoin are falling (btcusd) traded about $80,000, with its January peak of more than a quarter.

Bitcoin is the leading cryptocurrency, Under pressure recent. President Donald Trump said yesterday that the recent decline has accelerated Tariffs in Mexico and Canada It will take effect on March 4 and a 10% levy will be imposed on China. Investors believe tariffs may slow growth and Stoke inflation, which could ruin Reduced interest rates This year, no production will be collected risk Assets like Bitcoin are less attractive.

Bitcoin is now Bear market Territory, with a decline of more than its record high About $109,000 Set last month. Currently, in October before Trump, it was seen as a pro-Clateto candidate, hitting the last blow in October. Recently, though, they have fallen to less than $80,000 overnight.

Stocks of cryptocurrency exchange Coinbase Global (coin) and Mara Holdings, parent company of Marathon Digital (Mara) and Bitcoin mining and infrastructure companies RIOT platform (riot) fell more than 3% of Preperket. Shares in the trade application Robinhood (hood) is also lower.

Business Intelligence and Bitcoin Finance Corporate Strategy (Mstr) Formerly known as MicroStrategy, it dropped by about 2%. The company said on Monday it expanded again Bitcoin Hold, acquire Nearly $2 billion More digital currencies.

Meanwhile, regulators have recently continued to disrupt crypto enforcement in the Biden-era era Securities and Exchange Commission Confirm that the sacking is recommended later Thursday Two-year lawsuit Oppose joint insertion A few days later Robinhood said regulators have told trading app operators that there will be no penalties for their cryptocurrency business.