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While experiencing a sudden drop in the cryptocurrency market on Monday morning, a Bitcoin crash is observed. The Bitcoin price has faced a significant decline in recent hours and is trading at $77,730. Even within just a one-hour period, a 0.50% decrease has occurred.
Recently, Trump's tariff threats and the European Union's countermeasures are causing turbulence in the markets. European countries are threatening to impose tariffs on US goods worth 93 billion euros. Such geopolitical tensions can trigger sudden movements like a Bitcoin crash in the crypto market.
Physical gold and silver have risen during this period and reached their highest levels in history. NASDAQ futures also showed a decline of about 1%. If the Bitcoin crash trend continues, a broader market correction may be expected. Currently, the market is quite volatile, and risk appetite appears to be decreasing.