Bitcoin Crashes Below $80,000 Amid Global Market Turmoil!

Business

By Diksha Chaudhary Feb 28, 2025

Bitcoin has plunged below the $80,000 mark for the first time since November, rattled by a massive cryptocurrency sell-off fueled by rising global market volatility.

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The world’s largest digital asset dropped to $79,525.88 during early Asian trading on Friday, marking a sharp decline from its all-time high of $109,000just last month.

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The sell-off accelerated during Friday’s Asian trading session, with growing anxiety over Trump’s aggressive trade stance and the broader economic instability shaking investor confidence.

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Adding to the turmoil, Trump’s pledges to slash taxes and tighten immigration controls have stoked fears of rising inflation, which could push the Federal Reserve to maintain higher interest rates for longer than expected.

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With uncertainty looming, will Bitcoin regain its momentum, or is this just the beginning of a deeper correction? Stay tuned for more updates!

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