Trump's warning of fresh tariffs against China sent shockwaves through the markets, triggering a wave of crypto liquidations and renewed fears of a trade war.
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Bitcoin dropped sharply, with the price breaking below $119,000 on Friday as stocks and crypto reacted to President Donald Trump's comments about China. Bitcoin ...
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President Trump said Friday that China may face even more severe tariffs, sending Bitcoin and other assets down alongside stock indices.
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The liquidations are up to $250 million in just an hour.
Cryptos came under pressure as a potential U.S.-China trade war once again on the table.