The cryptocurrency massacre... and the sharp fall of alternative currencies!

Cryptocurrency markets witnessed a deterioration from bad to worse on Friday, as U.S. President Donald Trump announced that he would impose an additional 100% tariff on China, causing prices to plummet in a rapid collapse. Bitcoin, which was already trading poorly at around $117,000 after Trump's comments late in the morning about the threat of tariffs on China, fell below $110,000, declining 12% in the past 24 hours.

$BTC

BTC
BTC
89,519.8
+0.15%

$ETH

ETH
ETH
3,038.12
+0.31%

$BNB

BNB
BNB
894.69
+1.50%