Bitcoin plummets 10% post Trump’s tariffs, dropping below $78,000 from $110,000 peak, impacting investor sentiment.

Bitcoin price plummets over 10% in India after President Donald Trump announced global tariffs, dipping below $78,000 from its recent high of almost $110,000. Despite Trump’s favorable stance towards cryptocurrencies, appointing supportive regulators and endorsing digital assets, market sentiment is dwindling amidst economic insecurities. Investors in India are reevaluating their positions as the repercussions of tariffs begin to impact digital currencies.

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