Bitcoin Price Plummets Amidst Geopolitical Turmoil and Market Uncertainty

Bitcoin has experienced a significant price drop, falling below the $75,000 mark for the second time this week. This marks another blow to investors as the cryptocurrency faces pressure from escalating global tensions, economic uncertainty, and market volatility. While the broader crypto market is also experiencing losses, analysts attribute Bitcoin’s correction primarily to a confluence of factors including trade wars between China and the U.S., fears of a potential recession, and increased geopolitical risk.