China’s Tariffs Trigger Stock Slump, While Crypto Holds Steady

China’s aggressive tariff policy on U.S. goods has shaken financial markets worldwide. US stocks plummeted to a 11-month low as investors reacted to renewed concerns of a full-blown trade war between the world’s top economies. Meanwhile, the crypto market remained relatively stable despite heightened bearish sentiment in traditional markets. Experts believe this resilient performance stems from growing distrust of centralized monetary systems and government policies, making Bitcoin and other cryptocurrencies attractive alternatives to traditional assets during times of economic uncertainty.