Cryptocurrency Market Crashed! Bitcoin Hit $102,000, XRP and Dogecoin Suffered Massive Losses

US President Donald Trump announced that he would impose 100% tariffs on imports from China and impose export controls on “all critical software” in response to China’s new export restrictions on rare earths. “Because China has taken this unprecedented step, I speak only on behalf of the United States: effective November 1, 2025 (or sooner, depending on any further steps China may take), the United States will impose 100% tariffs on China in addition to existing ￰0￱ that same date, export controls will be imposed on all critical software,” Trump said on Truth Social. Trump's announcement came after China expanded export restrictions on rare earth ￰1￱ elements are vital to global technology and manufacturing sectors, and China holds a large share of the global market in these ￰2￱ has indicated that he is considering canceling a meeting with Chinese President Xi Jinping, scheduled to take place in South Korea in about three ￰3￱ has never officially confirmed the ￰4￱ statements marked the biggest diplomatic breach in four months and raised serious questions about whether the economic thaw between the world's two largest economies can ￰5￱ News: Bitcoin and Altcoins See Another Major Drop - Here's Why, Latest Data, and What You Need to Know!

Cryptocurrency markets plummeted following Trump's ￰6￱ fell 8.09% to $107,561 in the last ￰7￱ (ETH) fell 10.09% to $3,673, and Solana (SOL) fell 13.36% to $176.88. At its bottom, the BTC price fell to $102,000. Chart showing BTC price ￰8￱ (DOGE) fell sharply by 29% to $0.1663. As the overall market continues to experience high volatility, the total cryptocurrency market capitalization has fallen to around $2.15 ￰9￱ XRP price has also fallen to $1.84 and is currently at $2 at the time of writing. *This is not investment ￰10￱ Reading: Cryptocurrency Market Crashed!

Bitcoin Hit $102,000, XRP and Dogecoin Suffered Massive Losses