Bitcoin's price dropped to $80,000, a 6.6% decrease, and has remained near $80,500 with a market cap of $1.59 trillion. The market valuation of BTC has decreased by $200 billion, with $110 billion of that reduction occurring in the last 24 hours. The decline in price was influenced by President Trump's executive order on the Strategic Bitcoin Reserve and economic uncertainties such as U.S. tariff wars. Short-term adjustments are expected to continue until mid-April due to a stronger U.S. dollar and Federal Reserve policies. $201 million in BTC long positions and $582.86 million in the broader crypto market were liquidated. Alternative digital assets like SOL, ETH, XRP, and DOGE also saw a decrease in value. The overall crypto market economy now stands at $2.65 trillion after a 6.42% decrease.



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