Bitcoin Plunges Below $75, 000 as Asian Stock Markets Reel from Tariff Escalation

Bitcoin sharply fell below $75,000 as Asian and Pacific stock markets opened on Wednesday morning, shedding 6% in a single day. Global financial markets are sinking under pressure from the US imposing a 104% tariff on Chinese imports.   The sell-off coincided with mounting fears that escalating trade tensions between the world’s two largest economies could derail global economic recovery. Stock Markets Bleed Worldwide and Bitcoin Follows In Asia, Japan’s Nikkei 225 plummeted nearly 4% at the open, while markets in South Korea, Australia, and New Zealand also posted significant declines source: https://beincrypto.com/bitcoin-crashes-below-75k-us-china-tariff-war-escalates/