Bitcoin Plummets Below $75,000 Amidst Market Turmoil

Bitcoin’s price has taken a significant tumble, dropping below the $75,000 threshold and reaching a 30% drop from its all-time high of $108,786 just three months ago. The decline is attributed to market volatility following President Trump’s tariff announcement, with Asian, European, and American markets experiencing major stock drops. This decline comes shortly after Asia witnessed the worst two-day stretch for Wall Street stocks in five years.