Here are the details of a historic crypto crash


14h48 ▪
5
min read ▪ by
Mikaia A.

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Donald Trump just pulled out his favorite weapon: taxes. Barely announced, his threat of 100% tariffs on Chinese imports causes a shockwave across all finance. The traditional market wavers, but it is in crypto that the shockwave is the most intense. In less than a day, nearly 19 billion dollars in positions are liquidated. This Black Friday in crypto history reminds us that volatility can arise at any time.

A furious Trump brandishes his phone, triggering an orange shockwave that sends a trader into a panic as Bitcoin plummets.A furious Trump brandishes his phone, triggering an orange shockwave that sends a trader into a panic as Bitcoin plummets.

In brief

  • Trump announces 100% tariffs, causing…

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