Over $7 billion wiped out in 1 hour! Trump to impose 130% tariff on China; triggers crypto market sell off
Renewed US-China trade tensions and new export controls triggered a sharp sell-off in cryptocurrency markets. Bitcoin and Ethereum experienced significant drops, with over $6 billion in positions liquidated in just one hour. This downturn reversed recent investor optimism, impacting various risk assets.🕒 1 min read
Renewed US-China trade tensions and new export controls triggered a sharp sell-off in cryptocurrency markets. Bitcoin and Ethereum experienced significant drops, with over $6 billion in positions liquidated in just one hour. This downturn reversed recent investor optimism, impacting various risk assets.
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