Why is Bitcoin price down today?

Quick Summary:

BTC price weekly woes stretched to -18% after Trump announced additional tariffs on China, and spot Bitcoin ETF outflows continue.

Bitcoin’s (BTC) price continued its correction with another 7% decline on Feb.28, taking the price below $80,000.

As Cointelegraph reported, BTC is now filling the CME gap, which ranges between $80,000 to $77,000.Bitcoin 1-day chart.

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Article Details

Author / Journalist: Cointelegraph by Biraajmaan Tamuly

Category: Crypto

Markets: United StatesCanadaChinaMexico

Topics: Is crypto in a bear market Bitcoin price When will bitcoin price go up Are cryptocurrencies Ponzi schemes Why is the crypto market down What is Bitcoin price today Why is bitcoin price down

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 10:15:58 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26510733

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 190 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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