Article Summary

**Crypto Market Plunges Following Trump's Aggressive 100% China Tariff Announcement** The cryptocurrency market is experiencing significant turbulence after President Donald Trump unveiled plans for unprecedented 100% tariffs on Chinese imports, effective November 1, 2025. Bitcoin, Ethereum, and major altcoins are facing substantial selling pressure as investors flee risk assets amid escalating trade war concerns. This dramatic tariff announcement has triggered widespread panic across digital asset markets, with blockchain technology stocks and DeFi tokens experiencing particularly sharp declines. Cryptocurrency traders are rapidly liquidating positions, fearing that intensified US-China tensions could severely impact global economic stability and institutional crypto adoption. The proposed tariffs represent the most aggressive trade policy stance in recent history, creating uncertainty around China's significant role in Bitcoin mining and blockchain infrastructure. Major cryptocurrency exchanges are reporting increased volatility as market participants reassess portfolio allocations. Industry analysts warn that sustained trade conflicts could derail mainstream cryptocurrency acceptance and cross-border blockchain adoption. The crypto market's correlation with traditional risk assets becomes increasingly apparent as geopolitical tensions mount, highlighting the sector's sensitivity to macroeconomic developments and international trade policy shifts.