BTC: Why Is Bitcoin Crashing Today Falling to $76,000?
Leading cryptocurrency Bitcoin (BTC) fell to the $76,000 mark early Monday and is making investors nervous. The rally from $60,000 to $109,000 in six months could be erased in the next few dips. The global financial sector is still coming to terms with Trump’s tariffs, and a cloud of uncertainty is growing. Institutional investors pulled out billions of funds from the US and the global markets, making equities crash. Also Read: Apple (AAPL): Why Experts Aren’t Panicked About Trump Tariffs Source: Coingecko Bitcoin is crashing in the indices as the world is affected by Trump’s tariffs making the markets weak. BTC moves in tandem with the stock market and a dip in equities makes the leading cryptocurrency plummet. The market and governments around the world remain unhappy with the tariffs as they affect the normal flow of trade. Moreover, businesses either have to absorb the price rise of put it on the shoulders of their consumers. Price rises are a major concern that can make...