Donald Trump’s recent announcement of a 100% tariff on Chinese imports sent shockwaves through the crypto market, triggering a dramatic sell-off and wiping out billions in value. The move has deepened concerns among investors, causing major exchange outages and fueling widespread panic selling. Key players, including U.S. and Chinese political leaders, are at the forefront of this market turmoil, with Trump’s history of imposing tariffs already demonstrating the damaging impact on global markets. exacerbated by heightened geopolitical tensions and a tightening global economic climate, causing significant infrastructure strain on exchanges like Binance and Coinbase. The resulting financial instability presents further challenges for investors, highlighting the need for careful analysis of market data and potential regulatory responses as the effects continue to unfold. Notably absent are official comments from prominent figures like Vitalik Buterin and CZ, suggesting indirect market reactions rather than direct involvement by these influential crypto leaders.