Trump’s 100% China tariffs sent crypto into chaos, wiping out $16B in longs. Bitcoin plunged, traders panicked, and speculation rose over who saw it coming.
On October 10, 2025, the crypto markets were jolted by a shock from Trump’s tariffs on China.
Per Reuters, President Donald Trump announced the imposition of 100 percent tariffs on critical software imports from China, effective November 1, along wit… [7181 chars]
Source: Forbes | Published: 2025-10-11T00:00:00Z
Credit: Forbes