<ul><li>Bitcoin and the overall crypto market experienced significant turbulence as President Trump announced new tariff policies, impacting traditional and digital asset markets.</li><li>Bitcoin initially tried to defend the $83,000 level but eventually dropped, briefly reaching $88,000 before falling back to $82,223.</li><li>The announcement led to a 5% decline in the total market capitalization of cryptocurrencies, with Ethereum and Solana suffering greater losses.</li><li>The imposition of tariffs created uncertainty and prompted investors to seek safer assets, such as gold, while analysts remain divided on Bitcoin's future reaction.</li></ul>

Bitcoin and Crypto Markets Hit Hard as Trump’s Tariff Announcement Take Effect

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