Bitcoin and other cryptocurrencies are plummeting as they bear the brunt of the tariff war. However, US President Donald Trump believes he has not intentionally manipulated the sale of the market.
Amid the collapse of Bitcoin, Trump says the market needs the drug
Amid a sharp decline in US stock futures and crypto markets, US President Trump said in an interview that the market manipulation that triggers the sale was not intentional. He mentioned the issue of tariffs with European and Asian leaders, and expressed his inability to predict market movements. When asked about market performance, he sometimes mentioned markets where it is necessary to “take medication.”
It should be noted that the resulting plunge is not only limited to the crypto market, but also extends to the global economy. For example, the stock markets in Japan and South Korea fell sharply at the opening. The Nikkei 225 index fell 1.9% on Monday, while the Korean Kospi index fell 4.3%.
Previously, the Nikkei 225 index and Topix index futures caused circuit breakers after a sharp decline, leading to a temporary trading halt.
Meanwhile, Bitcoin was trading below $78,000 today at $77,619. Bitcoin is currently valued at $78,425, a 6.06% drop in the last 24 hours.

Courtesy: CoinMarketCap
Ethereum also went over 12% to $1,585.8 as other ciphers continue to fall.
In fact, the global crypto market capitalization was $2.48 trillion, down 7.45% on the last day.
The total amount of crypto markets over the past 24 hours was $986.8 billion, reflecting a 128.15% increase. Defi's total volume is currently $59.1 billion, 5.99% of the total market in the 24-hour total market. All stubcoin volumes currently amount to $92.62 billion, 93.86% of the total market in the 24-hour total market.