Crypto price today: Bitcoin falls below $84k as geopolitical tensions rise
Bitcoin and major cryptocurrencies declined on Friday as escalating geopolitical tensions and concerns over US tariffs dampened investor appetite for risk.
Global policymakers struck a cautious tone amid central bank meetings this week, highlighting economic and political uncertainty. The US Federal Reserve, Bank of Japan, and Bank of England all kept interest rates unchanged, citing trade tensions and inflation risks.
Uncertainty deepened as US President Donald Trump prepared to impose new reciprocal tariffs on April 2, adding to fears of a potential economic slowdown. Meanwhile, reports of Israeli airstrikes on Gaza and a Ukrainian drone attack on a Russian military airfield further fueled geopolitical concerns, driving investors toward safe-haven assets.
As of 1:10 pm IST, Bitcoin was down 2.3% at $83,819, while Ethereum slipped nearly 2% to $1,968. The global crypto market cap declined 2% to $2.75 trillion in the past 24 hours.
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View Details»On Thursday, Trump addressed the Blockworks Digital Assets Summit in New York via a prerecorded
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