Bitcoin price dropped to $74,589.67 in the last 24 hours following U.S. imposing 104% tariffs on Chinese importsAsian and Pacific stock markets fell by up to 6% in a single day as trade tensions escalatedMichael Saylor’s Strategy reported a $5.91 billion unrealized loss on its digital asset holdingsShort positions now make up 55% of all open interest, indicating bearish sentiment