Article Summary

**Trump's 100% China Tariff Announcement Triggers Massive Cryptocurrency Market Selloff** Donald Trump's shocking announcement of a 100% tariff on Chinese imports effective November 1 has unleashed chaos across global financial markets, with cryptocurrency experiencing particularly severe turbulence. Bitcoin, Ethereum, and major altcoins are plummeting as investors flee risk assets amid escalating US-China trade tensions. The cryptocurrency market is witnessing widespread panic selling as traders anticipate economic uncertainty stemming from Trump's aggressive tariff escalation. DeFi tokens, meme coins, and blockchain-based assets are all experiencing significant downward pressure as market sentiment turns bearish. This tariff announcement represents the most dramatic trade policy shift in recent years, directly impacting crypto valuations. Cryptocurrency investors are closely monitoring Bitcoin's price action as it serves as a bellwether for the broader digital asset ecosystem. The interconnected nature of traditional markets and crypto means Trump's tariff strategy could trigger extended volatility across blockchain investments. Market analysts warn that continued trade war escalation may lead to prolonged cryptocurrency market instability, affecting everything from major exchanges to emerging DeFi protocols as global economic uncertainty intensifies.