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Crypto market sees bloodbath on US' 100% tariffs on Chinese goods
short by Bhawana Chaudhary / on Saturday, 11 October, 2025
Top cryptocurrencies including Bitcoin and Ethereum saw a massive decline in their prices and record liquidations on Saturday. This comes after US President Donald Trump's announcement of a 100% tariff on "any and all critical software" imports from China triggered a crypto bloodbath. According to CoinMarketCap, world's largest cryptocurrency Bitcoin was down 14.6% to $104,953.16 in 12 hours.
read more at Reuters