Crypto sees record $19 billion wipeout as Trump slaps 100% tariff on Chinese tech imports

Crypto sees record $19 billion wipeout as Trump slaps 100% tariff on Chinese tech imports

Cryptocurrency markets plunged after Trump announced a 100% tariff on Chinese tech imports, triggering a record $19 billion liquidation. Major tokens, including Bitcoin, Ethereum, XRP, and Binance Coin, saw steep declines, highlighting heightened volatility amid U.S.-China trade tensions and global crypto market instability.

Source: https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-news/crypto-sees-record-19-billion-wipeout-as-trump-slaps-100-tariff-on-chinese-tech-imports/articleshow/124472315.cms


 

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