Crypto Markets Plummet Amidst U.S.-China Trade Tensions
8 Articles
8 Articles
Crypto Markets Plummet Amidst U.S.-China Trade Tensions
Crypto Markets Plummet Amidst U.S.-China Trade Tensions Bitcoin and ether plummeted on Tuesday amid escalating U.S.-China tensions, erasing gains driven by President Trump's recent trade remarks. The escalating situation saw the U.S. and China implementing extra port fees, impacting global shipping and cryptocurrencies alike.Bitcoin hit a low of $110,023.78, a stark contrast from its October 6 record high above $126,000, and was last down 2.3% a…
Bitcoin slips to $113,000 amid U.S.-China trade uncertainty: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin and ether as trade tensions between the U.S. and China escalate. Plus, BlackRock CEO Larry Fink says he expects tokenization to bring foreign investment into U.S. markets. And, Richard Green of RootstockLabs discusses what's driving volatility in crypto.
Bitcoin interrupted his rebound after reaching the $116 thousand zone and recorded a fall of more than 5%, going back to $110,000.
Crypto Market Shows Pain and Potential After Massive Liquidation Event: Bitfinex Alpha
Last weekend, the crypto market experienced one of its most dramatic days in history. Bitcoin’s 18% pulldown triggered over $19 billion in liquidations within hours, the largest such event ever recorded. Cryptocurrencies and investor portfolios bled significantly, driving a massive wave of selling in the spot market. Now that the worst is over, the market is still reeling from the pain and navigating the aftermath of the event. Amid the chaos, a…
Powell Speech Temporarily Halts Crypto Slide: What It Means for Q4
The renewed concern about the U.S.-China trade war has shaken financial markets over the past few days. After President Trump announced a new 100% additional tariff on Chinese goods, risk-off sentiment took control of the market, leading crypto and stocks to lose a
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