🔴 Crypto Crash Triggered by Trump’s 104% Tariffs on China?!
🇺🇸 The White House has confirmed the implementation of 104% tariffs on China, which appears to have triggered a significant downturn in the crypto market. After briefly spiking to $79,000, Bitcoin dropped to $76,000, leading to $300M in liquidations across the crypto space.
🇨🇳
These tariffs could heavily impact the markets, especially publicly traded crypto-related companies. For example, MicroStrategy’s stock has dropped over 11%, while #coinbase , Robinhood, and major Bitcoin mining firms have seen declines of around 5%. This might just be the beginning of further downside.
#china #Cryptocrash #WhiteHouse #bitcoin
🇺🇸 The White House has confirmed the implementation of 104% tariffs on China, which appears to have triggered a significant downturn in the crypto market. After briefly spiking to $79,000, Bitcoin dropped to $76,000, leading to $300M in liquidations across the crypto space.
🇨🇳
These tariffs could heavily impact the markets, especially publicly traded crypto-related companies. For example, MicroStrategy’s stock has dropped over 11%, while #coinbase , Robinhood, and major Bitcoin mining firms have seen declines of around 5%. This might just be the beginning of further downside.
#china #Cryptocrash #WhiteHouse #bitcoin
10 days ago
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