Bitcoin price today: Token slumps to $78,000 levels, crypto markets face sharp sell-off amid Donald Trump’s tariffs hit

Bitcoin price today: The impact of United States President Donald Trump’s global tariffs war finally hit cryptocurrencies on April 7, with the markets seeing a sharp sell-off at Asia open, Bloomberg reported.

Edul Patel, Co-founder and CEO of Mudrex told Livemint that the broad sell-off in global markets has spilled into crypto — hitting altcoins even harder. Further, Coinglass data show about $745 million worth of bullish crypto bets were sold over the past 24 hours, the highest in nearly six weeks, it added.