Trump’s Tariffs Prompt $40 Billion Crypto Market Crash

U.S. President Donald Trump imposed 100% tariffs on Chinese tech imports, causing a major ripple effect across financial markets and the cryptocurrency sector. The move triggered a record-breaking $40 billion crypto market loss, significantly impacting both Bitcoin and Ethereum prices. 100% tariffs on China’s tech exports sent shockwaves through global trade relations and exposed the vulnerability of digital assets to sudden policy shifts.