Bitcoin falls below $80,000, at risk of erasing all post-election gains

Bitcoin sign and falling arrow. The crisis and the decline in the price of cryptocurrency.

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Bitcoin (BTC-USD) dropped below $80,000 in the early hours of Friday, losing more than 25% since its record high on January 20 – President Trump’s inauguration – in a dramatic price correction, as looming tariffs drive safe-haven demand.

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