Trump tariff threat against China causes Bitcoin to crash 7%, $9B in liquidations

Bitcoin (BTC) dropped 3% 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 Oct. The post Trump tariff threat against China causes Bitcoin to crash 7%, $9B in liquidations appeared first on CryptoSlate.