Trump tariff threat against China causes Bitcoin to crash 7%, $9B in liquidations
Bitcoin (BTC) dropped 7% amid a broader market rout after President Donald Trump announced that the US is considering escalating tariffs against China in response to newly imposed rare-earth export controls. Total liquidations reached $9 billion over the past 24 hours, as BTC fell to as low as $105k in the drop. On a lengthy statement on …
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