BREAKING:Total crypto market value plunges by over $300 billion on day Trump announces new tariffs on China

BREAKING: Total crypto market value plunges by over $300 billion on day Trump announces new tariffs on China.

Bitcoin has dropped ~8.4% amid the escalation of U.S.–China trade tensions (tariff increases, export controls).

Ethereum is down ~5.8% in the same period.
Reuters

U.S. stock markets also plunged significantly: the S&P 500 fell ~2.7%, Nasdaq down ~3.6%, Dow ~1.9%.

The general narrative among crypto news outlets is that today’s tariffs triggered a broad sell-off in digital assets.

1. 🇮🇳 India – 93.5M
2. 🇨🇳 China – 59.1M
3. 🇺🇸 United States – 52.9M
4. 🇧🇷 Brazil – 26.0M
5. 🇻🇳 Vietnam – 20.9M
6. 🇵🇰 Pakistan – 15.9M
7. 🇵🇭 Philippines – 15.8M
8. 🇳🇬 Nigeria – 13.3M
9. 🇮🇩 Indonesia – 12.2M
10. 🇮🇷 Iran – 12.0M

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