Bitcoin (BTC) experienced another Sunday slump, briefly touching $80,000 as investors reacted to U.S. President Donald Trump’s latest economic policies. The world’s largest cryptocurrency has faced significant volatility, and the recent price dip raises concerns about market stability.

Trump’s Policies Stir Market Uncertainty

During a Fox News interview, President Trump addressed potential short-term economic disruptions caused by his tariff and budget-cutting initiatives. He compared his strategy to China’s long-term economic approach, emphasizing that the U.S. is building a foundation for sustainable growth.

Trump’s statements have drawn comparisons to former Federal Reserve Chair Paul Volcker, who aggressively raised interest rates in the late 1970s to combat inflation, leading to a temporary economic contraction before long-term recovery.

Crypto Market Reaction

As traditional markets reacted negatively, Bitcoin followed suit, dropping 7% in 24 hours to hit $80,000 before a slight recovery to $80,700. Other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), and XRP (XRP), mirrored BTC’s losses, while Cardano (ADA) and Dogecoin (DOGE) saw sharper declines of nearly 12%.

With ongoing economic policy shifts and global uncertainty, investors remain on edge about Bitcoin’s next moves. Analysts suggest that key support levels around $78,000–$80,000 could determine whether BTC stabilizes or continues its downward trend.

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