$10 Billion Crypto Meltdown: Trump’s 100% China Tariffs Trigger Historic Liquidations

Finance MonthlySaturday, October 11, 2025 at 2:20:31 AM
$10 Billion Crypto Meltdown: Trump’s 100% China Tariffs Trigger Historic Liquidations
The recent announcement of 100% tariffs on Chinese goods by Trump has led to a staggering $10 billion liquidation in the cryptocurrency market. This drastic move has sent shockwaves through the crypto community, causing prices to plummet and investors to panic. The implications of such tariffs extend beyond just trade; they signal a turbulent economic climate that could affect global markets. Understanding these developments is crucial for investors and stakeholders as they navigate the uncertain waters of cryptocurrency.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says
NegativeFinancial Markets
The recent announcement of new tariffs by China comes at a time when the government is shut down and debates around AI valuations are heating up. This combination is being described by top economists as a 'perfect storm' that could lead to increased inflation and negatively impact GDP growth. It's a critical moment that highlights the interconnectedness of global trade and domestic economic policies, making it essential for businesses and consumers to stay informed about potential economic shifts.
Trump talks tough with China but holds out hope of truce in trade war
NeutralFinancial Markets
In a recent discussion, President Trump expressed a firm stance on China while also indicating a willingness to seek a truce in the ongoing trade war. This balanced approach reflects the tension between hardliners who advocate for a tougher policy and Trump's more nuanced strategy. The outcome of these negotiations could significantly impact global trade dynamics and economic relations.
Markets expect Trump’s latest China tariffs will backfire as gold jumps and the dollar ‘is not looking looking healthy’
NegativeFinancial Markets
Markets are reacting negatively to President Trump's latest tariffs on China, with many analysts predicting that these measures will backfire on the U.S. economy rather than impacting the global market. This sentiment is reflected in the rising price of gold and concerns over the dollar's health. Understanding these dynamics is crucial as they could signal broader economic challenges ahead.
Stocks’ worst swoon since fallout from Liberation Day: Trump Truth Social post on ‘massive increase of tariffs’ shatters calm
NegativeFinancial Markets
The stock market experienced its worst decline since the aftermath of Liberation Day, with approximately six out of seven stocks in the S&P 500 dropping sharply. This downturn was triggered by a post from Trump on Truth Social, which hinted at a 'massive increase of tariffs' amid renewed tensions in the China trade war. This situation is significant as it reflects the fragility of market stability and the potential for escalating trade conflicts to impact investors and the economy.
Trump’s Dealmaking Diplomacy Grows Fragile as China Fires Back
NegativeFinancial Markets
President Trump's approach to diplomacy, characterized by direct deals with various nations, is facing significant challenges as the trade truce with China appears to be unraveling. This situation highlights the risks associated with his one-on-one negotiation style, raising concerns about the stability of international relations and the potential economic implications for both countries.
Trump layoffs, shattered trust harden Democrats’ shutdown stance
NegativeFinancial Markets
The recent layoffs linked to Trump have intensified the Democrats' resolve against a government shutdown, as highlighted by Senator Patty Murray's passionate remarks. She emphasized the need for compromise to reopen the government, reflecting a growing frustration with the current political climate. This situation is significant as it showcases the deepening divide in Washington and the challenges ahead in reaching bipartisan agreements.
Trump Threatens 100% Tariffs on Chinese Goods
NegativeFinancial Markets
In a bold move, former President Trump has threatened to impose 100% tariffs on Chinese goods, a decision that could significantly impact international trade relations. This escalation in trade tensions raises concerns about the potential economic fallout for both countries and the global market. With the ongoing trade war, such drastic measures could lead to increased prices for consumers and further strain diplomatic ties, making it a critical issue to watch.
‘RIFs have begun’: Trump’s budget office escalates government shutdown with mass firings of federal workers
NegativeFinancial Markets
The recent announcement by Russell Vought regarding mass firings of federal workers signals a troubling escalation in the ongoing government shutdown. With over 4,000 potential dismissals on the horizon, this move not only affects thousands of employees but also raises concerns about the stability of government operations and services. As the situation unfolds, it highlights the severe implications of budgetary disputes on everyday lives and the functioning of federal agencies.
China slams Bessent’s remarks as spat deepens
NegativeFinancial Markets
Tensions between China and the U.S. have escalated following remarks made by Bessent, which China has strongly criticized. This situation is significant as it highlights the ongoing diplomatic struggles and the potential impact on international relations, trade, and global stability.
Trump ally Laura Loomer calls a Qatari facility at a U.S. Air Force base an ‘abomination’ — Here’s what it will actually do
NeutralFinancial Markets
Laura Loomer, a known ally of Donald Trump, has expressed strong disapproval of a new facility being built at a U.S. Air Force base in Idaho, which she labeled an 'abomination.' This facility, part of an agreement announced by Defense Secretary Pete Hegseth, signifies a strategic partnership with Qatar and aims to enhance military capabilities. While Loomer's comments reflect a critical perspective, the development highlights ongoing efforts to strengthen U.S. defense infrastructure and international relations.
ICYMI: Trump to impose 100% tariff on China starting November 1
NegativeFinancial Markets
In a surprising move, President Trump has announced a 100% tariff on Chinese goods starting November 1. This decision is expected to escalate tensions between the two economic giants and could have significant repercussions for global trade. The tariff aims to address ongoing trade imbalances but may lead to higher prices for consumers and strain relations further. It's a critical moment that could reshape economic policies and international relations.
Before Bill Pulte targeted Trump’s political enemies, he practiced on his own family
NegativeFinancial Markets
Bill Pulte, known for his controversial political tactics, has a history of targeting his own family members before setting his sights on public figures like Trump. His accusations against his grandfather's widow for insider trading and his harsh public criticisms of other relatives reveal a troubling pattern of behavior. This matters because it highlights how personal vendettas can spill into the public sphere, raising questions about the integrity of those who engage in such tactics.
Latest from Financial Markets
How China Powers Its Electric Cars and High-Speed Trains
PositiveFinancial Markets
China is making significant strides in renewable energy by constructing a vast network of ultrahigh-voltage power lines. This infrastructure will enable the efficient transmission of solar and wind energy across long distances, supporting the country's electric cars and high-speed trains. This development is crucial as it not only enhances energy accessibility but also demonstrates China's commitment to sustainable energy solutions, which could inspire other nations to follow suit.
New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says
NegativeFinancial Markets
The recent announcement of new tariffs by China comes at a time when the government is shut down and debates around AI valuations are heating up. This combination is being described by top economists as a 'perfect storm' that could lead to increased inflation and negatively impact GDP growth. It's a critical moment that highlights the interconnectedness of global trade and domestic economic policies, making it essential for businesses and consumers to stay informed about potential economic shifts.
ECB Is in a ‘Good Place’ on Interest Rates, Vujcic Tells HRT
PositiveFinancial Markets
Boris Vujcic, a member of the European Central Bank's Governing Council, expressed confidence in the current interest rate policies during an interview with HRT. This is significant as it indicates stability in the ECB's approach, which can influence economic conditions across Europe and reassure markets about the central bank's direction.
Trivia: How often do stocks finish October higher?
PositiveFinancial Markets
The stock market is experiencing a remarkable surge, with returns exceeding 35% since the tariff-induced sell-off in April. As October approaches, investors are keen to see if this upward trend will continue for major indices like the S&P 500, Nasdaq, and Dow Jones. This is significant because historical patterns show that October can be a pivotal month for stocks, and understanding these trends can help investors make informed decisions.
Trump talks tough with China but holds out hope of truce in trade war
NeutralFinancial Markets
In a recent discussion, President Trump expressed a firm stance on China while also indicating a willingness to seek a truce in the ongoing trade war. This balanced approach reflects the tension between hardliners who advocate for a tougher policy and Trump's more nuanced strategy. The outcome of these negotiations could significantly impact global trade dynamics and economic relations.
French PM urges end to 'ridiculous spectacle' as budget deadline looms
NegativeFinancial Markets
As the budget deadline approaches, the French Prime Minister has called for an end to what he describes as a 'ridiculous spectacle' in parliament. This statement highlights the ongoing tensions and political maneuvering surrounding the budget, which is crucial for the country's economic stability. The urgency of the situation underscores the importance of cooperation among lawmakers to ensure that the budget is passed on time, which could have significant implications for public services and economic growth.