Bitcoin’s value plummeted by more than 10% after President Donald Trump unveiled plans for global tariffs, dipping below the $78,000 mark from its recent high of almost $110,000. Despite Trump’s efforts to support cryptocurrencies by appointing crypto-friendly regulators and endorsing digital assets, market sentiment has soured amid economic instability. Investors are now reassessing their investments as the repercussions of tariffs ripple through the digital currency landscape.