$6 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.

Oct 11, 2025 - 14:30
 0
$6 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.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow