Crypto Markets Tumble Amid Trump’s New Tariffs, Bitcoin Dips Below $106K
The cryptocurrency market experienced a sharp decline on Friday evening following U.S. President Donald Trump’s announcement of new tariffs targeting Chinese imports. Bitcoin (BTC) led the downturn, briefly falling below $106,000 for the first time in recent weeks. Bitcoin dropped approximately 12% to a low of $105,896, while Ethereum (ETH) slid nearly 17%, dipping beneath the $3,600 mark. This significant sell-off was accompanied by a broad risk-off sentiment across the crypto landscape. Major altcoins echoed the downward trend, which pulled the total cryptocurrency market capitalization down by roughly 15%, descending to $3.59 trillion based on data from CoinGecko. XRP was












