Bitcoin price has encountered a new obstacle as it was pushed below $80,000 after the U.S. imposed heavy tariffs on China. 📉

- BTC fell to a five-month low of around $74,000 but quickly recovered to nearly $80,000 before being halted by new tariffs from Trump.

- The altcoin market is not doing any better as ETH, DOGE, UNI, and NEAR all saw significant declines. Ethereum, in particular, was heavily impacted, losing 5% of its value and hitting a multi-year low.

- The total market capitalization of cryptocurrency dropped by more than $70 billion, down to $2.540 trillion.

Despite the volatility, blockchain technology and cryptocurrency still promise growth potential. 🚀