Global Markets Decline as Bitcoin Drops to $75,000

Global markets declined sharply following Donald Trump's reaffirmation of his tariff stance, raising recession fears.

US futures indicated a 3-4% drop; Hong Kong's Hang Seng index fell over 10%
Goldman Sachs raised US recession probability to 45% due to financial strain from new tariffs
Market turmoil resulted in over $5 trillion loss from US stocks in two days
Safe-haven assets surged while commodities and cryptocurrencies suffered significant losses
Bitcoin dropped to $75,000; major tokens reported double-digit declines
Investors are exiting risk assets amid rising trade and global growth uncertainties