The cryptocurrency market is experiencing a significant downturn as concerns over recent tariffs announced by Trump cast a shadow over global economic stability. Major cryptocurrencies like Bitcoin, Ethereum, XRP, and Solana have all fallen sharply, with Bitcoin dropping below $80,000 for the first time in months. Analysts report that the market has wiped out approximately $1.3 trillion in value, triggering fears of a deeper crash as traders brace for further volatility. Despite some predictions that Bitcoin could find support at lower levels, the immediate outlook remains grim as riskier assets continue to be adversely affected by the unfolding trade war.