[Market Update] Bitcoin Falls Below $85,000 Mark... Decline Deepens After US Reciprocal Tariff Announcement
Suehyeon Lee
Summary
- Bitcoin has fallen below the $85,000 mark, causing market anxiety.
- Major altcoins, including Ethereum, are also showing a downward trend, increasing investors' concerns.
- The price plunge has intensified following the US reciprocal tariff announcement.
Bitcoin (BTC) has fallen below the $85,000 mark.
As of 6:36 AM on the 3rd, according to CoinMarketCap, Bitcoin is trading at $84,469.76, down 0.9% from the previous day. In the Upbit KRW market, it is trading at 125.31 million won, down 1.05% from the previous day.
Meanwhile, major altcoins, including Ethereum (ETH), are also showing a downward trend. Ethereum is down 2.4% from the previous day at $1,869.12 on CoinMarketCap, and Ripple (XRP) is recording $2.08, down 2.74% from the previous day.
Solana (SOL) is also trading at $125.8, down 1.22% from the previous day on CoinMarketCap, and Binance Coin (BNB) is trading at $599.36, down 1.97% from the previous day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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