Trump's words trigger a $100 billion bloodbath.

Trump threatened to impose a 60% tariff on Chinese goods, triggering a violent shock in global markets. Bitcoin plummeted from 110k to just over 100k in a matter of hours, with a market value evaporating by over 600 billion dollars.

This collapse shows that cryptocurrencies have deeply integrated into the global financial system, with institutions viewing them as high-risk assets, leading to early sell-offs when macro policies change. At the same time, the algorithmic stablecoin USDe has also depreciated significantly, and the combination of internal and external factors has caused the market to spiral out of control.

This storm serves as a warning to investors: the prices of crypto assets are greatly influenced by macro political and economic factors. Future investments need to pay attention to global situations and ensure proper diversification.