Bitcoin drops 10% as trade tensions rise, expert sees rebound ahead

Bitcoin (BTC) dropped 10% in 24 hours to below $74,700 as trade tensions rattled global markets, according to DL News. Standard Chartered's Geoff Kendrick warned the crypto dip could foreshadow a rough start of the week for stocks, comparing the setup to the 1987 crash. Despite the fall, Kendrick believes BTC will rebound to $84,000 and act as a hedge against rising tariff risks and fiat instability.