Did Trump’s Tariff Trigger A Crypto Purge Or Just A Panic?

ForbesSaturday, October 11, 2025 at 6:58:39 PM
Did Trump’s Tariff Trigger A Crypto Purge Or Just A Panic?
Trump's recent decision to impose 100% tariffs on China has sent shockwaves through the cryptocurrency market, leading to a staggering $16 billion loss in long positions. Bitcoin's value plummeted, causing widespread panic among traders and raising questions about who anticipated this turmoil. This situation highlights the interconnectedness of global trade policies and digital currencies, making it crucial for investors to stay informed about geopolitical developments.
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