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Trump’s latest tariffs trigger over US$6 billion in cryptocurrency liquidations

Cryptocurrency market traders have been hit by record liquidations just days after bitcoin hit a fresh all-time high, with volatility triggered in large part by the latest round of tariffs from US President Donald Trump. Crypto prices tumbled on Friday after Trump said he would impose an additional 100 per cent tariff on China and export controls on software. The declines precipitated – and then were made worse by – what data tracker Coinglass described as “the largest liquidation event in...


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