Bitcoin has fallen below $85,000 after President Trump announced new tariffs on European imports. The cryptocurrency industry has been significantly impacted, with Bitcoin down 4% in the last 24 hours. The broader crypto market has also suffered, with total market cap shrinking 4%. Total liquidations have surpassed $765 million in the past 24 hours, and $937.78 million was withdrawn from Bitcoin ETFs on Feb. 25. Since Trump took office, Bitcoin has fallen about 20% from its peak. Security concerns and unresolved hacks have further shaken investor sentiment. Analysts are divided on whether the correction is a healthy reset or a sign of further decline. Traders are exercising caution amid macroeconomic uncertainty and anticipating regulatory changes.



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