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Bitcoin crashes as Trump’s China tariffs shake global markets

Bitcoin plunged below $110,000 after Trump announced 100% tariffs on China. Massive liquidations followed, but on-chain data hints at dip-buying by larger holders.

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Bitcoin drops to $102,000 after Trump’s 100% China tariffs

Whale makes $88 million shorting Bitcoin before crash

Three Bitcoin charts hint at possible rebound

Bitcoin holds $110,000, traders warn more pain ahead

Bitcoin drops to $102,000 after Trump’s 100% China tariffs

Bitcoin fell sharply after Trump imposed full tariffs on Chinese imports, reigniting fears of a trade war.

  • [Market reaction]: Bitcoin futures on Binance hit $102,000, a three-month low.

  • [Liquidations]: Over $9.4 billion in crypto positions were wiped out in 24 hours.

  • [Altcoins]: Ether and Solana lost 12% and 14% respectively.

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“Global 2x leverage on most altcoins was totally wiped out,” said Hyblock Capital.

Whale makes $88 million shorting Bitcoin before crash

An anonymous trader shorted Bitcoin minutes before Trump’s tariff post, earning $88 million and sparking insider trading concerns.

  • [Timing]: The short position doubled right before Trump’s Truth Social post.

  • [Impact]: Bitcoin fell 17%, triggering $20 billion in liquidations.

  • [Behavior]: Long-term holders stayed calm while short-term buyers were hit hardest.

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“The crash was more about timing, politically and psychologically,” analysts said.

Three Bitcoin charts hint at possible rebound

Despite record liquidations, Bitcoin’s trend remains inside its long-term uptrend channel.

  • [Trend]: BTC’s 10% drop is smaller than past pullbacks that led to rebounds.

  • [Buyers]: “Shark” wallets holding 100–1,000 BTC accumulated heavily during the dip.

  • [Indicators]: Monthly Bollinger Bands remain tight, suggesting more upside potential.

“Bear markets don’t start when the monthly Bollinger Bands are still squeezing,” said chartist The Great Mattsby.

Bitcoin holds $110,000, traders warn more pain ahead

Bitcoin hovered near three-week lows after $20 billion in liquidations, with traders saying the bottom might not be in yet.

  • [Market mood]: Short positions rolled off as spot buyers cautiously stepped in.

  • [Altcoins]: Many small-cap tokens collapsed as part of a broader “crypto cleanse.”

  • [Risk]: Binance reports only one liquidation per second, suggesting total losses could be higher.

“This isn’t the bottom. The long-awaited crypto cleanse has begun,” said trader Roman.

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results