Trump's Tariff Tweet Triggers Crypto Carnage
Update: 2025-10-11
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Trump's tariff tweet triggered a $16 billion crypto wipeout, marking the worst liquidation day ever. Bitcoin plunged below $110,000, Ether tumbled, and even stablecoins like USDe felt the heat as trade war fears gripped markets. A U.S. government shutdown further complicated matters, leaving traders in the dark amidst the chaos.
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