Bitcoin Plummets Amidst Tariffs: Crypto Market Feels the Storm

A recent escalation in trade tensions between the US and China has sent shockwaves through the cryptocurrency market, causing a significant price drop for Bitcoin. The announcement of increased tariffs by former US President Donald Trump triggered widespread volatility across the global financial landscape, affecting crypto markets significantly. Bitcoin’s value plummeted to around $101,000 following this news, leading to a substantial loss in investor confidence as the crypto sector grapples with market uncertainty. )