Crypto Daybook Americas: Bitcoin Drop Deepens as U.S.-China Trade War Escalates
Crypto Crash: Trade War Tanks Markets 📉
📅 April 16, 2025
Crypto markets are plunging as U.S.-China trade tensions flare up.
📉 Market Snapshot
#Bitcoin slips below $80K
#Ethereum near $2K (lowest since 2023)
#Altcoins like #ADA, #SOL, and #XRP down 20%+ this week
Total #CryptoMarketCap drops 18% to $2.75T — lowest since Oct '24
🌍 Trade War Fallout
#USTariffs up to 145% on Chinese goods
#China strikes back with 125% tariffs + rare earth export halt
Investors flee to safe havens — ~$2T wiped from #Equities and #Crypto
📉 Sentiment & Liquidations
Market panic sets in.
$2.2B in liquidations (mostly longs) on Feb 3
All eyes on the #WhiteHouseCryptoSummit this Friday
⚠️ Looking Ahead
Uncertainty reigns. #Crypto takes the hit.
Stay cautious. Stay informed.
