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The price of %Bitcoin (CRYPTO: $BTC ) has fallen to $80,000 U.S. as investor sentiment around risk assets worsens.

Bitcoin has now declined 23% during February and is down 27% since hitting an all-time high of just over $109,000 U.S. on Jan. 20, the day of U.S. President Donald Trump’s inauguration.

Other cryptocurrencies also continue to decline, with %Ethereum (CRYPTO: $ETH ) dropping another 6% in the past 24 hours to $2,125 U.S.

Meme coins such as %Dogecoin (CRYPTO: $DOGE ) are down even more after the U.S. Securities and Exchange Commission (SEC) ruled that the speculative assets are “not securities.”

Dogecoin’s price has fallen 8% over the last day and is currently trading at $0.19 U.S.

Some analysts are now speculating that the market might be entering a new “crypto winter,” a situation that hasn’t occurred since 2022 after the collapse of crypto exchange FTX.

Market observers agree that sentiment towards riskier assets such as crypto are being hurt by threats of trade tariffs, a slowing U.S. economy, and signs that inflation is resurgent.

Bitcoin is currently trading at $80,650 U.S.


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