Bitcoin crashes to $80,000... 27% drop after President Trump's inauguration

When US President Trump announced his intention to impose tariffs, Bitcoin temporarily collapsed to $80,000.
On the market cap, Bitcoin fell 5.54% from 24 hours ago to $79,841 (approximately 12 million yen). The $80,000 Bitcoin level collapsed.
This is a 27% drop from its all-time high, which was $109,241 recorded at the time of President Trump's inauguration on January 20.
On this day, Bitcoin fell to $79,841, a 26.91% drop from its all-time high. At the time of the inauguration of President Trump, President Trump made various cryptocurrency-related announcements.
Bitcoin had been rising on the hope that restrictions would be lifted. However, Bitcoin has recently been falling day after day due to concerns that the tariff bombs will cause inflation to soar.
On the same day, he posted on the social networking site he founded, Truth Social, saying, "The one-month moratorium on 25% tariffs on Mexico and Canada has ended.
"The tariffs will take effect on March 4th after the US has imposed 10% on China, which is already subject to 10% tariffs from the US," he added.
After this news broke, Bitcoin plummeted. Trump is a one-man show that drives Bitcoin prices up and down.