bitcoin dumped today amid escalating us-china trade tensions, with trump signaling 100% tariffs on china, triggering over $1b in crypto liquidations and broader market fears. prices slid below $108k as stocks followed suit, a classic macro whiplash hitting risk assets hard.
bitcoin magazine
https://bitcoinmagazine.com/news/bitcoin-price-crashes-to-108000-as-trump-to-impose-100-tariffs-on-china
decrypt
https://decrypt.co/343866/red-uptober-liquidations-1-billion-bitcoin-ethereum-solana-erase-gains