Volatility

Crypto prices plunge after Trump's China tariff threats

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Cryptocurrencies experienced a sharp flash crash over the weekend following President Donald Trump's threats of new tariffs on Chinese imports, erasing billions in market value. Bitcoin dropped from highs near $126,000 to below $105,000, while other assets like Ethereum and Dogecoin saw even steeper declines. The event highlighted the sector's volatility amid leveraged trading and global trade tensions.