tldr; Crypto prices, including Bitcoin and Ethereum, plunged alongside stock market indices after President Trump threatened increased tariffs on China. Bitcoin fell below $119,000, while Ethereum and Solana dropped nearly 5%. Liquidations in the crypto market surged, with $459 million liquidated in the last hour. Stock indices like Nasdaq and S&P 500 also declined. Trump stated on Truth Social that the tariff increase would ultimately benefit the U.S., with other countermeasures under consideration.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
MichaelAischmann on
Have we even said thank you once? To the crypto president?!
Wow so these tariffs have essentially been a plan to control the stock market/ Crypto . Its pretty much insider trading because he’s the one who controls when the tariffs happen and when they will stop
Omarkhayyamsnotes on
Tariffs won’t bring manufacturing back. The companies left because wages are 2.75/hr in Thailand, Vietnam, etc. No amount of tariffs will make the entitled Trump voters in the Midwest and south become profitable employees again. That ship sailed in the 70s
Responsible_Ad_7995 on
Happy Friday America, go fuck yourselves. Thank you for your attention to this matter.
ShaeAubrey83 on
Volatility’s just part of the game
CilicianKnightAni on
Of course AFTER I purchase….
Sudden-Ad-1217 on
Wait a minute—- the markets are diving because of Trump threatening China? LOL
thats_so_over on
Why would the democrats do this?
ImJustHere4theMoons on
Remember when entirely too many people in this sub were claiming Trump would be great for crypto?
kirtash93 on
Discounts like this are for buying
Captain_Planet on
People panic at anything. He will change his mind next week and it will all be back up.
Next_Statement6145 on
the market should be immune to the orange man’s yapping by now
JonRadian on
Is it a day to buy ETH today, down about 4.4% currently?
En4cr on
I’m so tired of anything this ASSHAT says influencing the marked in such ridiculous way. He’ll chicken out anyways.
KIG45 on
Buy the dip!
kipha01 on
Oh FFS…
Bear-Bull-Pig on
Time to buy at a discount again
seansy5000 on
Buy HARD
CyroSwitchBlade on
this shit again?
kvothe5688 on
and why does that affect crypto?
uthillygooth on
100% lashing out because he didn’t win the peace prizes
bomberdual on
And yet no one is actually making comment on the senate democrat counterproposal which would essentially kill the industry as a whole.
Reddit again.
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tldr; Crypto prices, including Bitcoin and Ethereum, plunged alongside stock market indices after President Trump threatened increased tariffs on China. Bitcoin fell below $119,000, while Ethereum and Solana dropped nearly 5%. Liquidations in the crypto market surged, with $459 million liquidated in the last hour. Stock indices like Nasdaq and S&P 500 also declined. Trump stated on Truth Social that the tariff increase would ultimately benefit the U.S., with other countermeasures under consideration.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Have we even said thank you once? To the crypto president?!
Lmao oh that’s why we’re dumping. Damn manipulation.
Wow so these tariffs have essentially been a plan to control the stock market/ Crypto . Its pretty much insider trading because he’s the one who controls when the tariffs happen and when they will stop
Tariffs won’t bring manufacturing back. The companies left because wages are 2.75/hr in Thailand, Vietnam, etc. No amount of tariffs will make the entitled Trump voters in the Midwest and south become profitable employees again. That ship sailed in the 70s
Happy Friday America, go fuck yourselves. Thank you for your attention to this matter.
Volatility’s just part of the game
Of course AFTER I purchase….
Wait a minute—- the markets are diving because of Trump threatening China? LOL
Why would the democrats do this?
Remember when entirely too many people in this sub were claiming Trump would be great for crypto?
Discounts like this are for buying
People panic at anything. He will change his mind next week and it will all be back up.
the market should be immune to the orange man’s yapping by now
Is it a day to buy ETH today, down about 4.4% currently?
I’m so tired of anything this ASSHAT says influencing the marked in such ridiculous way. He’ll chicken out anyways.
Buy the dip!
Oh FFS…
Time to buy at a discount again
Buy HARD
this shit again?
and why does that affect crypto?
100% lashing out because he didn’t win the peace prizes
And yet no one is actually making comment on the senate democrat counterproposal which would essentially kill the industry as a whole.
Reddit again.