#USChinaTensions On April 21, 2025, China issued a stern warning that it would respond to countries that side with the United States in ongoing trade conflicts, causing immediate repercussions on global financial markets, including the cryptocurrency sector

(Source: Crypto Rover, Twitter, April 21, 2025). This announcement led to a sharp decline in the value of Bitcoin, dropping from $67,300 to $64,500 within the first hour following the announcement (source: CoinMarketCap, April 21, 2025, 10:05 AM Eastern Time).

Ethereum followed suit, falling from $3,200 to $3,050 during the same period (source: CoinGecko, April 21, 2025, 10:05 AM Eastern Time).

The total market capitalization of cryptocurrencies decreased by 3%, while trading volumes increased by 15%, as investors rushed to adjust their investment portfolios (source: CoinMarketCap, April 21, 2025, 10:10 AM Eastern Time).