Bitcoin Down To $85,000, Ethereum, XRP Slide 5% Before Key Inflation Data

Cryptocurrencies declined on Friday as investors remained cautious ahead of a pivotal week for U.S. economic policy.

What Happened: Bitcoin (CRYPTO: BTC) fell 2.5% to $85,100 over the past 24 hours, continuing Thursday’s downtrend.

The broader market fared worse—Ethereum (CRYPTO: ETH) dropped nearly 6% to $1,895, XRP (CRYPTO: XRP) declined by 5.5% to $2.22, Dogecoin (CRYPTO: DOGE) lost about 7% to $0.1815.

The pullback comes as traders weigh the market impact of President Donald Trump‘s proposed reciprocal tariffs on imported vehicles, set to go into effect on April 2.

At the same time, investors are awaiting the release of core inflation data from the U.S. Bureau of Economic Analysis, particularly …

Full story available on Benzinga.com

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