Bitcoin (BTC) prices experienced a 2% drop as concerns over the US trade war escalated due to falling inflation rates. The decline occurred despite gains at the Wall Street open on March 13. Data from Cointelegraph Markets Pro and TradingView indicated BTC/USD trading around $81,500, down by 2.3% for the day. The Producer Price Index (PPI) figures for February fell below expectations, mirroring the results of the Consumer Price Index (CPI) from the previous day. The US Bureau of Labor Statistics reported a 3.2% increase in the final demand index for the 12 months ending in February. The cooling inflation also hindered the rebound of the US dollar, as shown by the US Dollar Index (DXY). Despite these developments, both stocks and cryptocurrencies remained stable, with concerns about the ongoing US trade war looming. The market reaction to the inflation data was muted, leading to speculations of heightened trade war efforts. With the Federal Reserve’s next interest rate decision approaching, market expectations for financial easing remained low. Popular crypto trader Josh Rager suggested that rate cuts were more likely in May or June, not March. Bitcoin price action faced resistance at the 200-day SMA, a crucial level to overcome for a sustained bullish trend. The market remained cautious amid uncertainties surrounding the US trade war and inflation rates, with key resistance levels hovering near $85,000. Investors are advised to conduct their own research before making any investment decisions.