Article Summary

**Cryptocurrency Markets Plummet as Trump Announces 100% China Tariffs** Bitcoin and major cryptocurrencies experienced sharp declines following President Trump's controversial announcement of 100% tariffs on Chinese goods, despite acknowledging these trade policies as "unsustainable." The aggressive tariff stance triggered widespread global risk aversion, causing investors to flee from high-risk assets including digital currencies and blockchain-based investments. Cryptocurrency markets, already sensitive to geopolitical tensions, saw significant selling pressure as traders repositioned portfolios amid escalating US-China trade conflicts. Bitcoin, Ethereum, and other major altcoins tumbled as the tariff announcement reinforced concerns about global economic stability and reduced appetite for speculative assets like crypto. The market crash highlights cryptocurrency's continued correlation with traditional risk assets during periods of international uncertainty. DeFi tokens and smaller-cap cryptocurrencies faced particularly steep losses as investors sought safer havens. Trade war escalations historically impact blockchain investments and cryptocurrency adoption, as regulatory uncertainty and economic instability dampen institutional interest in digital assets. This latest crypto market downturn demonstrates how macroeconomic policies and international trade disputes continue influencing cryptocurrency valuations and investor sentiment across the broader blockchain ecosystem.