The price of Bitcoin fell back to the $83,000 range before recovering to the $90,000 level.
According to the virtual asset market tracking site CoinMarketCap on the 16th, Bitcoin is trading at $83,994 (approximately 119.98 million won) as of 7:30 a.m. that day. This represents a price drop of 0.73% compared to the previous day. At the same time, Ethereum's price fell to $1,596 (approximately 2.28 million won), down 1.49% from the previous day.
The Bitcoin price rose from the $84,000 range to the $86,000 range the previous day but plummeted to the $83,000 range overnight. The virtual asset market appeared to lose strength as tensions escalated in the tariff war between the United States and China. On that day, U.S. President Donald Trump did not make separate comments regarding tariffs. Instead, White House Spokesperson Caroline Leavitt urged tariff negotiations, stating, 'China needs to negotiate with us.'