Bitcoin Drops Below $80K as Nasdaq Falls 5% Amid Tariff Concerns

U.S. markets experienced volatility with renewed concerns over U.S.-China relations impacting investor sentiment.

Bitcoin (BTC) fell about 4% to below $80,000 after a previous 8% increase.
The Nasdaq dropped 5.5%, following a 12% rally the day before.
MicroStrategy (MSTR) decreased by 11.2%, while Coinbase (COIN) and Marathon Digital (MARA) fell 8.1% and 9.3%, respectively.
A tweet confirmed that the total tariff rate on China is now 145%, up from the previously stated 125% by President Trump.
China plans to reduce imports of American movies in response to U.S. tariffs.
Gold reached a new all-time high of $3,168, increasing by 3%.
The DXY index decreased to below 101, down 9% from January highs.

Experts note that the macro outlook is unstable, with trade policy being a significant factor influencing market dynamics.