Bitcoin tumbles below US$77,000 as fears trigger crypto rout
Bitcoin has plunged as global markets reel from the fallout of US President Donald Trump’s sweeping new tariff regime, with the flagship cryptocurrency now trading at US$76,819.50, down 7.65% over the past 24 hours.
The steep drop follows a broader market collapse sparked by the announcement of blanket tariffs on all US imports, escalating fears of a global trade war and pushing investors out of riskier assets—including cryptocurrencies. Bitcoin, which had held steady between US$82,000 and US$83,000 last week despite declines in equities and gold, has now lost 28% from its all-time high of US$109,000 set in January.
Ethereum (ETH), the second-largest cryptocurrency, has fared even worse—plunging 14.66% to…
