Black Monday Fears Shake Crypto Markets: Bitcoin Dips to $77K Amid Trump Tariff Shockwaves
In a dramatic turn of events, Bitcoin plunged to $77,000, sparking fresh concerns of a global “Black Monday”-like scenario. President Trump's sweeping tariffs have triggered a $4 trillion wipeout in equity markets, and the crypto world hasn't been spared either—$500 billion vanished from crypto markets in just a week.
As traders scramble for safety, assets like gold and the Japanese yen are gaining traction, while speculative plays such as BTC, ETH, and DOGE are bearing the brunt.
Adding fuel to the fire, a massive $160 million BTC transfer to Kraken suggests whale activity and potential large-scale selloffs ahead.
With fear and uncertainty in full swing, is this a temporary correction or the start of a deeper collapse?
Disclaimer: This post is for informational and educational purposes only and should not be considered as financial or investment advice. Cryptocurrency investments are highly volatile and carry significant risk. Always conduct your own research or consult with a certified financial advisor before making any investment decisions.
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