$9.4B Wiped Out In Crypto Sell-off After Trump’s Warning
Sat 11 Oct 2025 ▪
4
min read ▪ by
Summarize this article with:
This Friday, Donald Trump announced 100 % tariffs on all Chinese products, in response to a commercial offensive from Beijing. The reaction was swift, as bitcoin dropped below 110,000 dollars, falling to 102,000 dollars on Binance, its worst performance since the end of June. The crypto market thus turned red in widespread panic.
In brief
- Donald Trump reignites the trade war with the announcement of 100 % tariffs on all Chinese products.
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