Bitcoin Falls Below $84,000 as Tariff Concerns and Inflation Pressure Markets

The cryptocurrency market faces heightened volatility with $115 billion wiped out, while Bitcoin ETFs see inflows amid broader sell-offs and liquidations exceeding $450 million.

Bitcoin's price dropped to $83,609, marking a sharp decline alongside Ethereum and other major cryptocurrencies, as inflation concerns and U.S. tariff policies weigh on markets.
A $115 billion market-wide sell-off has erased weekly gains, with long liquidations surpassing $450 million in the past 24 hours, led by Ethereum and Bitcoin losses.
President Trump's 25% tariffs on imported vehicles, set to take effect on April 2, are expected to exacerbate inflationary pressures and market uncertainty.
Bitcoin-focused ETFs recorded nearly $1 billion in inflows over the past two weeks, signaling institutional confidence, while Ethereum-based funds experienced $115 million in outflows.
Analysts suggest Bitcoin's resilience near the $84,000 support zone could pave the way for recovery if macroeconomic uncertainties, including tariffs and inflation, ease.