Trump market recedes! Bitcoin falls below 82,000, Crypto Assets volume "dropped 70% from post-election peak"

Shrouded in the haze of the tariff war, bitcoin has continued to fall for days, briefly falling below the $82,000 mark today, hitting a new low since March 18, it is worth noting that after the US presidential election last November, cryptocurrency trading volume soared as high as $126 billion, but now trading volume has slipped about 70% from its high to $35 billion, returning to pre-election levels. (Synopsis: U.S. stocks were shocked that "Black Friday" crypto concept stocks became the hardest hit area, and MicroStrategy plunged 10%; Bitcoin fears to dip 72,000 magnesium? (Background supplement: U.S. PCE "Inflation Heats Up" Fed Rate Cut in February, U.S. Stocks Closed Black, Bitcoin Nearly 84,000) With the Trump administration's reciprocal tariff measures on April 2, detonating doubts that the trade war will continue to heat up, coupled with the unexpected rise in the US personal consumption expenditure price index (PCE) in February, reflecting that inflation pressure is still stubborn, under the collapse of U.S. stocks, bitcoin has continued to fall for days, falling as deep as $81,644 today. By the time of writing, it rebounded slightly to $83,306, down 0.9% in the last 24 hours. Market analyst Capital Flows has previously warned that if macro liquidity does not continue to improve, as risk aversion in the market heats up, resulting in an increase in implied volatility premiums, another sharp decline in US stocks is likely to drag the price of bitcoin to the range of $72,000 to $75,000. Cryptocurrency trading volume plunges 70% from post-election highs It is worth noting that after last year's US presidential election, market sentiment and speculation were on the rise, soaring as high as $126 billion in a single day, according to The Block, however, trading volume has now fallen by about 70% from its high to $35 billion, quickly returning to pre-election levels. The recent frequent tariffs imposed by the Trump administration on major trading partners have added uncertainty to the market, causing both traditional and crypto-asset markets to cool down trading enthusiasm. The historical correlation between cryptocurrency trading volume and the total cryptocurrency market capitalization, which peaked at about $3.9 trillion, has fallen back to about $2.9 trillion, or about 25%. This contraction in trading volume may be a precursor to a major movement in the market in the coming months, and historically, prolonged declines in trading volume usually bring significant volatility to the market, because in the case of less liquidity, once the whale begins to adjust its position, the price movement will be amplified. The market may still be waiting to see the overall direction of the Trump administration's regulation of cryptocurrencies, under the uncertain policy, choose to temporarily stand still, although the trading volume is low, but the total market value is relatively stable, which suggests that the market may be in the fund-raising stage, that is, investors focus on layout, rather than frequent transactions, the future policy on the definition and regulatory framework of cryptocurrencies will likely become a catalyst to rekindle market momentum. Related reports $1.3 billion bet on Bitcoin, can GameStop's transformational bet win? Arthur Hayes: Bitcoin returns to bull market in April, Fed printing press will continue to release more liquidity Beyond a store of value: where is the pace of Bitcoin BTCFi now? 〈Trump market ebb tide! Bitcoin fell below 82,000 magnesium, and cryptocurrency trading volume "plummeted 70% from the post-election peak" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".