Bitcoin (BTC) experienced a significant downturn, falling to $80,000 during another Sunday selloff, getting close to its 2025 low of approximately $78,000. As of 7:00 PM ET, the price was down by 7% in the previous 24 hours but saw a slight recovery to about $80,700. Other major cryptocurrencies, including Ether (ETH), Solana (SOL), and XRP, also experienced declines similar to bitcoin. In further context, President Donald Trump acknowledged that some of his economic policies might lead to short-term pain for Americans, drawing a parallel to historical monetary policy under former Federal Reserve Chairman Paul Volcker, who tightened monetary policy to combat inflation, leading to a recession. In summary, the current crypto market conditions reflect uncertainties amid the backdrop of potential economic shifts due to policy changes.

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