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Bitcoin Price Crashes Below $77K: Trump Tariffs Spark Panic Selling
Bitcoin (BTC/USD) plunged sharply on Monday, breaching the $77,000 support level for the first time since February, as global markets reacted violently to new Trump-era tariff threats. The move has reignited fears of macroeconomic instability, dragging major cryptocurrencies into the red and casting doubt on the short-term bullish BTC narrative ahead of the 2025 halving. The sharp selloff comes after former President Donald Trump proposed sweeping tariffs on Chinese and Mexican imports, reviving concerns about a global trade war. Markets swiftly priced in the potential economic fallout, with risk-on assets like ... (full story)
