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Markets Plunge as Trump Escalates Trade War with China and Crypto Liquidations Surge

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Source: Reuters
Markets Plunge as Trump Escalates Trade War with China and Crypto Liquidations Surge
Photo: Reuters
TL;DR

Bitcoin's price declined to $104,782, dropping 8.4%, amid escalating US-China trade tensions as President Trump announced increased tariffs and export controls, causing global market instability and affecting other cryptocurrencies like Ethereum.

Topics:top-newsbusiness#bitcoin#business#cryptocurrency#market-decline#trump-tariffs#us-china-trade-war
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  1. Bitcoin extends decline to $104,782 as Trump escalates US-China trade war  Reuters
  2. Stock market today: Dow sinks 800 points, S&P 500 and Nasdaq see worst day since April as Trump's renewed tariff threats spook Wall Street  Yahoo Finance
  3. Trump says he’ll impose new 100% tariff on China ‘over and above’ current rates, massively escalating trade war  CNN
  4. Trump threatens tech export limits, new 100% tariff on Chinese imports starting Nov. 1 or sooner  AP News
  5. Crypto Sees More Than $6 Billion in Liquidations  Bloomberg.com

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