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RE: LeoThread 2025-10-12 18-31

in LeoFinance2 months ago

Part 4/13:

The market’s initial reaction was a swift downturn. Bitcoin's price dipped from over $122,000 to around $117,000, fueled by fear and uncertainty. But the real shock came later that afternoon, when Trump announced that the US would impose a 100% tariff on all Chinese imports. This aggressive move was perceived as a geopolitical gamble, and markets reacted in panic.

Almost instantly, Bitcoin plummeted by nearly $3,000, but the real devastation was yet to come. Within hours, the flagship cryptocurrency flash crashed to lows of $14,500, with some exchanges even reporting prices as low as $12,000. In the span of just a day, Bitcoin had lost about $20,000 in value—a staggering 16% drop from its prior levels.