Bitcoin (BTC) stretched its decline on Thursday, briefly dropping below $83,000 as President Trump's newly announced reciprocal tariffs extended the crypto market downturn by over 4%. The sustained decline and high volatility highlight Bitcoin's increasing risk to macroeconomic uncertainties.

Bitcoin, XRP and other cryptos struggled as investors prepared for an escalating trade war and new Trump tariffs coming into effect this week.

Bitcoin sank Thursday as investors continued to flee riskier assets after President Trump ratcheted up the trade war. The largest cryptocurrency recently traded around $82,000, down more than 4% from 24 hours ago,