Crypto market sheds $125 billion as Trump threatens more tariffs on China — TradingView News
Prices of major cryptocurrencies are down just about across the board after U.S. President Donald Trump threatened to slap a “massive increase in Tariffs” on Chinese products imported into the United States on Friday.
Bitcoin, the largest cryptocurrency by market cap, is down by about 2% at the time of press, according to The Block’s price page. Other top 10 assets are also down, including ETH, which dropped as much as 4.4% as well as over 3% for SOL and nearly 2% for XRP.
The total crypto market cap fell by more than $125 billion, a nearly 3% loss in just two hours. The drop triggered over $820 million in liquidations according to CoinGlass, though reported figures may understate the true scale of activity due to API limits and…
