Bitcoin fell below $82,000 on Monday as crypto markets mirrored losses in U.S. stocks, driven by inflation concerns and trade tensions from Donald Trump’s tariff policies.
Ethereum dropped to $1,780, while XRP fell to $2.13, according to CoinGecko. Since its peak of $108,790 last year, Bitcoin has lost nearly $27,000 in value.
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The downturn follows a sharp rise in U.S. inflation, fueling uncertainty about Federal Reserve policy and Trump’s upcoming reciprocal tariffs on April 2. Market unease extended to stocks, with S&P 500, Nasdaq-100, and Dow futures all declining.
Barclays warned Trump’s $600 billion tariff plan could impact key sectors across 25 countries. Consumer confidence has also plunged, signaling growing investor anxiety.
With institutional investors retreating from riskier assets, Bitcoin remains volatile and could test the $80,000 mark in April if current trends persist.
