Reported 18 days ago
The cryptocurrency market experienced a significant decline, shedding over $150 billion in value within a day as escalating trade tensions between the US and China triggered a sharp selloff. Major digital assets like Bitcoin and Ether saw substantial drops, with Bitcoin falling below $110,000. This downturn followed a brutal liquidation of leveraged positions in response to US President Trump’s tariffs on China, highlighting increased investor caution and a shift in market dynamics.
Source: YAHOO