Recently, Trump's proposed tariff policy has caused an uproar in the global economy and financial markets. This policy not only had a huge impact on the traditional international trade pattern, but also unexpectedly triggered an "earthquake" in the currency circle.

Prior to Black Tuesday, the price of Bitcoin had been in a relatively stable range. However, as Trump's tariff policy continues to ferment, market sentiment has gradually become nervous. On Black Tuesday, the price of bitcoin suddenly fell sharply, falling below the key support level of $78,000 and hitting a new four-month low. This price drop triggered panic selling in the market, further exacerbating the downward trend in prices.
In addition to Bitcoin, other mainstream cryptocurrencies such as Ethereum and Litecoin also saw varying degrees of decline on "Black Tuesday". The price of Ethereum fell by about 10%, and the price of Litecoin fell by about 8%. The decline in these cryptocurrencies indicates that the entire cryptocurrency market has been affected by Trump's tariff policy, and the overall risk appetite of the market has decreased.
Some industry experts believe that the price of Bitcoin may continue to fall in the short term. As it will take time for market sentiment to recover and the impact of tariffs continues to simmer, it will be difficult for investor confidence to recover anytime soon. As a result, the price of Bitcoin is likely to remain low for some time.
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