Crypto Markets Rattle as Trump Slaps 100% Tariffs on China, Bitcoin Nosedives to $102K

The cryptocurrency world was shaken Friday as Bitcoin’s price plunged to $102,000 on Binance following an announcement from President Donald Trump that the United States will impose a 100% tariff on Chinese goods. The aggressive trade move, linked to escalating tensions over rare earth exports, sent a shockwave through digital asset markets and led to multi-billion-dollar liquidations across crypto exchanges.