Trump’s China Software Tariffs Hit Crypto Markets Hard
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Summarize this article with:
On October 10, a radical decision by Donald Trump, 100 % tariffs on Chinese software, triggered an unprecedented storm. Within hours, bitcoin collapsed, more than 16 billion dollars evaporated, and 1.6 million traders liquidated positions.
In brief
- On October 10, Donald Trump announces 100 % tariffs on Chinese software, triggering an immediate shockwave.
- The crypto market collapses, Bitcoin down 8.4 %, more than 16 billion…
