Trump’s Tariff Announcement Triggers Crypto Market Crash, Leading to Significant Value Loss

A significant drop in the cryptocurrency market was caused by new tariffs imposed by President Trump on China, which triggered a cascade of sell-offs. On October 10, 2025, Bitcoin and Ethereum experienced substantial declines as investors reacted to the geopolitical shock. 100% tariffs were announced, leading to widespread panic across exchanges. This event sparked concerns about market volatility driven by high-risk trading and geopolitical shifts.