The cryptocurrency market is experiencing pressure and volatility due to inflation fears linked to U.S. tariffs under Donald Trump's administration. Bitcoin has dropped below $80,000 for the first time since Trump's re-election, with outflows from Bitcoin spot ETFs contributing to the selling momentum. There have been nearly $1 billion in liquidations in the past 24 hours, indicating heightened volatility. Traders are closely watching the Relative Strength Index (RSI) for signs of a potential rebound, with Bitcoin and XRP showing signs of a short-term recovery. Bitcoin's RSI is in oversold territory, suggesting selling pressure may be nearing exhaustion. XRP's RSI is also weak, indicating a potential reversal from current levels. However, RSI alone is not a definitive indicator of a reversal, and traders should monitor key technical levels and remain flexible in their strategies.



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