Bitcoin's price dropped over 2% on Sunday, falling to $83,482, as traders reacted to mixed signals from the Trump administration regarding tariffs on Chinese-made electronics. Despite a brief rally earlier in the week, the cryptocurrency market struggled to maintain momentum amid inflation concerns related to potential new tariffs. While equities showed slight resilience, the crypto market was less stable, with Ethereum dropping below $1,600. Trump's online statements clarified that certain electronics were excluded from a new tariff but would still face a separate levy due to national security concerns. As the market adjusts to these developments, analysts are monitoring key support levels, notably around $81,000 for Bitcoin, where a significant breach could lead to further liquidations and market stress. Investors are concerned about the implications of potential prolonged inflation stemming from these trade policy changes, which could hinder anticipated Federal Reserve rate cuts in the near future.

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