October 13——Trump’s 100% tariffs on China sent shockwaves through the cryptocurrency market late Friday, sparking a historic $18 billion crypto sell-off. According to CoinGlass, this marks the Largest cryptocurrency liquidation in history 2025, with Bitcoin, Ethereum, and Solana taking the brunt of the losses. Analysts say risky leverage in the crypto space was exposed as investors scrambled to exit positions, highlighting the immediate impact of Trump China tariff crypto on digital assets.
Effects of Trump’s 100% China tariff on digital assets
In the past 24 hours, roughly $5 billion of Bitcoin has been liquidated, along with about $4 billion of Ethereum and $2 billion of Solana. Bitcoin falls after US-China trade tensions, trading at $111,616.20 after briefly dropping to $103,000. Ethereum suffered a sharp Ethereum price drop today 2025, falling from $4,365.63 to $3,742.88, while Solana plunged nearly 20%, from $223.10 to $178.72. The sell-off coincided with broader market declines, with Nasdaq and S&P 500 seeing their steepest drops in six months, showing how Crypto market crash Trump affected both crypto and traditional markets.
Trump China tariff crypto Sparks Market Panic
The crypto rally earlier this year had been fueled by Trump’s support, including appearances at conventions, launching a meme coin, and promising a strategic crypto reserve. His recent executive order allowing digital assets to be included in 401(k) plans had previously driven Bitcoin to a record high of $124,000. Despite ongoing trade talks, tensions escalated after China increased export restrictions on critical rare earth minerals. Experts note that How Trump tariffs affect crypto market 2025 and How Trump’s tariffs affect Bitcoin and Ethereum has become a major concern for investors, highlighting the vulnerability of highly leveraged crypto positions.
Crypto Chaos Continues — Can Traders Survive Trump’s Tariff Storm?
As Trump’s 100% tariffs on China continue to rattle the markets, the $18 billion crypto sell-off has exposed just how vulnerable digital assets are to political decisions. Bitcoin, Ethereum, and Solana have all taken major hits, and investors are left questioning how to navigate these turbulent times. With ongoing trade tensions and unpredictable policy moves, the crypto market may remain volatile for the foreseeable future. Traders and crypto enthusiasts alike must stay alert, adapt quickly, and prepare for the next wave of market shocks.
