Crypto Market in Turmoil! U.S.-China Trade War Triggers Wild Price Swings

Feb 04 2025 crypto


Crypto Market in Turmoil! U.S.-China Trade War Triggers Wild Price Swings

The post Crypto Market in Turmoil! U.S.-China Trade War Triggers Wild Price Swings appeared first on Coinpedia Fintech News

XRP and Dogecoin surged 20% before dipping again as the U.S.-China trade war rattled the crypto market. Bitcoin briefly soared past $100K after President Trump paused tariffs on Mexico and Canada but dropped to $98K when China struck back with fresh tariffs on U.S. imports. Despite being decentralized, crypto still reacts like traditional financial markets. …