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 introduced that the US is contemplating escalating tariffs against China in response to newly imposed rare-earth export controls. Total liquidations reached $9 billion over the previous 24 hours, as BTC fell to as little as $105k in the drop. On a prolonged assertion on…
