#CryptoTariffDrop Bitcoin's price plunged below $75,000 in the past 24 hours, marking its second significant drop within a week. The cryptocurrency tumbled from $80,156 to $74,627 — a steep 7% decline — as market anxiety intensified following the implementation of Donald Trump's 104% tariff on Chinese imports.

Risk-sensitive assets such as stocks and cryptocurrencies were heavily impacted. Bitcoin has now fallen 11% over the week, while Ethereum (ETH) led the altcoin downturn, recording a staggering 25% loss over the same period.