Bitcoin prices continue to decline, dropping to nearly $82,000 on Friday, with $91 million worth of BTC liquidations occurring over the past 24 hours. Additionally, there is a risk of losing another $793.4 million if the BTC price falls below the $81,000 level.
On Friday, China imposed retaliatory tariffs of 34% on U.S. imports, intensifying global economic tensions. China's countermeasures came just 48 hours after President Donald Trump imposed a 34% tariff on Chinese goods.
Source: Fxstreet