Trump's China Tariff Threat Triggers Crypto Sell-Off
Leading cryptocurrencies, including Bitcoin and Ethereum, experienced a sharp decline following former President Donald Trump's proposal of substantial new tariffs on Chinese goods. Bitcoin dropped below $119,000, while Ethereum and Solana saw significant hourly losses.
This downturn led to substantial liquidations, with over $459 million in positions liquidated in one hour. The crypto market's reaction mirrored declines in traditional stock markets, highlighting the growing interconnectedness with global macroeconomic and geopolitical events. Investors are reminded of the importance of staying informed on global developments impacting market sentiment and liquidity.


Cryptovka
Tariff Tremors: Trump
Crypto markets experienced a significant downturn early Friday, as prices for leading digital assets plunged following former President Donald Trump








