Trump Tariffs Spark $10B Crypto Crash, Bitcoin Inflows Surge

President Donald Trump’s announcement of higher tariffs on Chinese imports sparked intense volatility across global markets, triggering one of the largest sell-offs in cryptocurrency history. Nearly $10 billion in leveraged crypto positions were liquidated as Bitcoin and Ethereum prices plunged. However, the turmoil also fueled record trading activity in Bitcoin funds, with institutional investors pouring billions into crypto as a hedge against geopolitical and economic uncertainty. This surge pushed Bitcoin fund volumes to historic highs, underscoring its growing role as a preferred asset during global market turbulence.