Bitcoin price rebounded to $80,000 after a sharp decline triggered by fears over US President Donald Trump’s tariff policies. The cryptocurrency market saw panic selling in the past 12 hours as economic concerns spread across various sectors.
Market Cap Holds At $1.5 Trillion As Bitcoin Dominance Grows
According to market data, Bitcoin’s market capitalization currently stands at $1.5 trillion despite recent price fluctuations. While the leading cryptocurrency has bounced back slightly, altcoins continue to struggle with deeper losses.
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Bitcoin’s dominance in the overall crypto market has jumped to 60%, showing investors may be seeking refuge in the largest digital asset during uncertain times.
The market is responding directly to broader economic fears rather than crypto-specific issues, market analysts said.
$BTC futures open interest sits
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