Donald Trump’s announcement of imposing 100% tariff on China has created a huge stir in the global market. The ban on export of Rare Earth Minerals has dealt a major blow to the electronics and crypto mining industry. This has had a direct impact on the Cryptocurrency Market. Bitcoin fell more than 10% to below $110,000, later recovering slightly to $113,096. Ethereum also fell 11.2% to $3,878. Major cryptocurrencies like BNB, Solana and XRP saw a decline of 14% to 18%. At the same time, American stocks also saw a huge decline – S&P 500, Nasdaq and Dow Jones all crashed. Is this decline just the beginning? Know the full report in this video.

Bitcoin has once again created history. After gold and silver, this digital currency is also becoming the first choice of investors. On Sunday, the price of bitcoin reached $ 1,25,689 (about ₹ 1.11 crore), which caught the attention of investors around the world. Amid the concern of a possible government shutdown in the US, people are starting to put their capital into safe assets, and now Bitcoin is also considered as ‘safe haven asset’, just like gold and silver. Not only the sentiments of investors, but also increasing investment in bitcoin ETF and strength of American stock markets are also a major reason behind this boom. Not only this, Bitcoin has now crossed $ 2.4 trillion $ to be beaten by Amazon in terms of market cap and has become the seventh most valuable property in the world. The month of October has historically been spectacular for bitcoin, and this year its value has increased by more than 30% so far.