The crypto market has crashed to a record low after Trump’s new threats against China

The crypto market has crashed to a record low after Trump's new threats against China

Photo: Nikolas Kokovlis / NurPhoto via Getty Images

On the night of October 10-11, the cryptocurrency market experienced its largest decline in recent months. The prices of leading coins fell by 30-60%, and Bitcoin’s price fell by almost $10,000 overnight, according to CoinDesk, News.Az reports.

The collapse was triggered by Donald Trump’s threats to impose new tariffs on Chinese goods.

Over the past 24 hours, Bitcoin fell from $123,500 on the morning of October 10 to $112,200 by the morning of October 11. Meanwhile, on the night of October 11, the price of the leading cryptocurrency fell to $104,900, according

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