Trump's New Duties Cause Crypto Market Collapse
The crypto market has collapsed to historic lows due to Donald Trump's threat to impose new tariffs on China.
Bitcoin, ether, and solanium were hit the hardest, with over $18 billion in liquidations.
- Bitcoin: $5 billion in liquidations, price fell to $10,300 then rebounded to $11,160.
- Ethereum (ether): $4 billion loss, price slipped from $4,365 to $3,742.
- Solana: over $2 billion loss, fell nearly 20% to $178.
CoinGlass said it was "the largest liquidation event in the history of cryptocurrencies."
The crypto market panic coincided with a sharp decline in traditional financial indices, with the Nasdaq and S&P 500 recording their worst day in six months.
Author's summary: Trump's tariffs caused crypto collapse.
More News
- Latest International and Political Updates from BBC News
- Arboretum Light Trail Marks the WW2 Anniversary with New Installations
- Opinion - When Puerto Rico was offered independence — and one man turned it down
- Photo by Bijoux Divoire: Elegant Jewelry Showcase from November 2025
- Deliveroo France voucher account page — unavailable information notice
- Recommandations de restaurants près de Paris à Las Vegas
- Will the AI Boom Go Bust? | BBC News – Exploring the Future of Artificial Intelligence
- Tennis Star Coco Gauff Makes Request Ahead of TikTok Awards
- Avec l'abonnement Deliveroo Plus, ta livraison devient gratuite toute l'année
- 🚨 La santé de Bruce Willis, 70 ans, est en train de décliner