Bitcoin Drops to $82,045 Amid Trade Tariffs and Recession Fears 📉
Bitcoin has reached a near two-week low, continuing its downward trajectory as U.S. trade tariffs under President Donald Trump weigh heavily on market confidence.
The leading cryptocurrency fell 1% to $82,045.2, with a temporary dip to $81,300, as traders reacted to increasing recession threats, particularly after Goldman Sachs predicted an economic slowdown by 2025.
Further exacerbating the negative market sentiment was the transfer of 4,000 Bitcoins, worth approximately $332 million, to the Kraken exchange, suggesting possible sales.
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