Bitcoin Price Crashes to $108,000 As Trump To Impose 100% Tariffs on China
Bitcoin MagazineBitcoin Price Crashes to $108,000 As Trump To Impose 100% Tariffs on China Bitcoin price just dropped below $108,000 as escalating U.S.-China trade tensions and tariff talks sent shockwaves through the market. This post Bitcoin Price Crashes to $108,000 As Trump To Impose 100% Tariffs on China first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
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Bitcoin Price Crashes to $108,000 As Trump To Impose 100% Tariffs on China
Bitcoin price dropped to the $108,000 range today as escalating U.S.-China trade tensions and tariff talks sent shockwaves through global markets.
President Donald Trump posted on Truth Social today that China has announced “aggressive” and “unprecedented” export controls on nearly all products, affecting all countries starting November 1, 2025. In response, Trump said the U.S. will impose a 100% tariff on Chinese goods and enforce export controls on critical software from the same date.
Bitcoin price dumped as a result of the news, dumping from roughly $117,000 in early afternoon to below $108,000. At the time of writing, the bitcoin price is back to the $113,000 range with high volatility.
At times, the bitcoin price was down roughly 10% with many other cryptocurrencies down 20-40%
JUST IN: #BITCOIN FALLS BELOW $109,000 AS US ANNOUNCES 100% TARIFFS ON CHINA
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