Trump’s China Tariffs Trigger Global Market Panic, Pushing Bitcoin Below $77K

U.S. President Trump’s new tariffs on Chinese imports have sent shockwaves through global markets, causing a wave of risk-off behavior and driving the value of both the Yuan and the US dollar to record lows. This has triggered increased volatility in the cryptocurrency market, with Bitcoin and Ethereum experiencing notable dips. Analysts suggest that these developments are fueled by escalating trade tensions between the U.S. and China, which are prompting investors to seek safer assets globally.