Crypto Market Crashes as Trump Announces 100% Tariff on China

**Crypto Market Plummets as Trump's 100% China Tariff Triggers Bitcoin Crash Below $110K**

The cryptocurrency market experienced severe turbulence Friday following President Trump's announcement of a sweeping 100% tariff on Chinese goods, sending Bitcoin and other digital assets into freefall. Bitcoin (BTC) crashed from approximately $117,000 to below $110,000, representing a devastating 12% decline within 24 hours as investors fled risk assets amid escalating trade tensions.

The tariff announcement amplified existing market pressures, with the flagship cryptocurrency already showing weakness from previous trade policy uncertainties. This dramatic sell-off highlights the crypto market's continued sensitivity to geopolitical developments and macroeconomic policy shifts.

The broader cryptocurrency ecosystem, including altcoins and DeFi tokens, followed Bitcoin's bearish trajectory as market sentiment turned decisively negative. Trading volumes surged across major exchanges as panic selling intensified, demonstrating how traditional economic policies continue to significantly impact blockchain-based assets.

This latest crypto crash underscores the volatility risks facing digital asset investors during periods of international trade disputes and regulatory uncertainty, potentially reshaping cryptocurrency market dynamics moving forward.