Bitcoin and other major cryptocurrencies have experienced a sharp decline in value, aligning with the recent drop in stock markets following Donald Trump’s global tariff announcements. The bitcoin price has fallen below $77,000, marking a decrease of over 10% from its peak of nearly $90,000 last week. Other major cryptocurrencies such as Ethereum, XRP, Solana, and Dogecoin have also seen significant drops, wiping $1.3 trillion from the combined crypto market since January. Analysts warn that this sudden correction could escalate into a broader market crash. Charlie Sherry from BTC Markets noted that Bitcoin has lost its key support level of $79,000 to $80,000, with the next critical level at $72,000. Geoffrey Kendrick from Standard Chartered Bank suggested that if crypto trends continue, Monday’s stock market performance might be negative. Potential shifts in Trump’s policies or Federal Reserve interventions could help stabilize the market. — new from Forbes