Tag: China

The Tariff Earthquake: A Shock to Global Markets

By coinspy Bitcoin plunged 6% immediately after Trump’s sweeping tariff announcement, wiping out recent gains. Altcoins followed suit, with Solana (SOL) down 7% and Ethereum (ETH) dropping 5% in a cascading sell-off. Liquidation waves swept through derivatives markets as traders scrambled to adjust positions. Technical indicators turned bearish, with OBV and RSI signaling weakening momentum. […]