The sharp decline in Bitcoin comes after US President Donald Trump unveiled fresh tariffs on China, Canada and Mexico, triggering a selloff in global equities and a rush for safe haven buying.

Bitcoin (BTC) drifted back to $85,000 at the Feb. 27 Wall Street open as markets digested confirmation of new US trade tariffs. BTC price sells off as Trump says tariffs will go ahead Data from Cointelegraph Markets Pro and TradingView showed BTC/USD pulling back from a relief bounce to $87,

Bitcoin tumbled over 9% on March 4, falling below $84,000 after briefly testing $95,000 a day before, as volatility surged in the crypto market. The fall comes after US President Donald Trump imposed fresh tariffs on China, Canada and Mexico, sparking a selloff in global equities and crypto assets.

Stocks fall sharply Monday, extending declines in late afternoon trade as President Donald Trump affirmed 25% tariffs on imports from Canada and Mexico will take effect. Earlier, stocks felt pressure after a weaker-than-expected February reading for a key manufacturing index.

Bitcoin price drop to three-week low amid Trump's tariffs on Canada and Mexico. $110 billion crypto market selloff.

Cryptocurrency-linked stocks are paring some of their losses but still broadly declining in Friday intraday trade, with bitcoin trading around $81,000—more than a quarter off its January peak.

Bitcoin dropped below $90k this week amid macroeconomic concerns. Story Protocol’s IP token defied the trend, posting double-digit gains.

Crypto market took a beating on Tuesday with certain top tokens including Bitcoin, Ethereum, Cardano, Solana and other crashing as much as 28 per cent in the last 24 hours.

Bitcoin plunged in early trading Friday and while it recovered a bit, the cryptocurrency is still down 20% from its peak.