Influenced by US stocks, Bitcoin loses 4.6% and drops to $75,000.

Bitcoin witnessed a significant decline to less than $76,000, influenced by a wave of market anxiety due to sharp financial fluctuations following the worst daily performance of US stocks since 2020, as a result of the announcement of stricter global trade policies by President Donald Trump. The value of Bitcoin dropped by 4.63%, reaching $75,700, after maintaining relative stability above $80,000 throughout the current year, except for some limited sharp fluctuations. Despite usually moving in line with major tech company stocks and being considered a leading indicator of investor confidence, Bitcoin defied this pattern last week, trading between $82,000 and $83,000 and even recording weekly gains while stocks and even gold declined, according to CNBC. However, this sudden Bitcoin decline led to a selling wave by traders who were betting on its rise, forcing them to liquidate their positions to avoid larger losses. Investors also began to divest their cryptocurrency holdings over the weekend in anticipation of further declines, amidst escalating fears of a global recession due to retaliatory trade measures announced by Trump, pushing investors away from high-risk assets. These tariffs, which included imports along with special tariffs on major trading partners, raised concerns of a potential global trade war that could negatively impact the US economy and push it into a recession. These fears contributed to severe disruptions in global financial markets, where markets lost approximately $7.46 trillion in market capitalization in just two sessions, according to the Standard & Poor's Global Broad Market index. Losses were distributed among US stocks, which lost $5.87 trillion, and other global markets that declined by about $1.59 trillion. As for cryptocurrencies, Bitcoin has dropped by 15% since the beginning of 2025, and its performance is expected to remain linked to traditional financial market movements, amid recession fears overshadowing any positive regulatory developments that may affect the digital asset market this year.