{"id":16885,"date":"2025-10-11T07:40:31","date_gmt":"2025-10-11T05:40:31","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=16885"},"modified":"2025-10-11T07:40:31","modified_gmt":"2025-10-11T05:40:31","slug":"bitcoin-plunges-to-108000-as-trump-introduces-new-tariffs-on-china","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/10\/11\/bitcoin-plunges-to-108000-as-trump-introduces-new-tariffs-on-china\/","title":{"rendered":"Bitcoin Plunges to $108,000 as Trump Introduces New Tariffs on China"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div>\n<p>Bitcoin value fell to the $108,000 range today as intensifying U.S.-China trade disputes and tariff discussions created turmoil in global markets.<\/p>\n<p>President Donald Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/115351840469973590\" type=\"link\" id=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/115351840469973590\" class=\"broken_link\" target=\"_blank\" rel=\"noopener\">shared<\/a> on Truth Social today that China has revealed \u201caggressive\u201d and \u201cunprecedented\u201d export regulations on nearly all commodities, impacting all nations starting November 1, 2025. In retaliation, Trump asserted that the U.S. will enact a 100% tariff on Chinese products and implement export restrictions on essential software from the same date.<\/p>\n<p>Bitcoin&#8217;s value plummeted in response to the announcement, dropping from approximately $117,000 in early afternoon to under $108,000. As of this writing, the bitcoin value has returned to the $113,000 range with significant volatility.<\/p>\n<p>At various points, the bitcoin value was down approximately 10% while many other cryptocurrencies saw declines of 20-40%<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<h2 class=\"wp-block-heading\">Markets respond to U.S.-China trade dynamics<\/h2>\n<p>Global markets experienced a sell-off earlier today following President Trump\u2019s <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-sinks-to-118000\">declaration<\/a> of intentions to substantially raise tariffs on Chinese products. The action <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/oct\/10\/trump-china-tariffs\" target=\"_blank\" rel=\"noopener\">was a reaction<\/a> to Beijing\u2019s new limitations on rare-earth exports, which the U.S. president accused China of utilizing to \u201cmonopolize\u201d vital resources.<\/p>\n<p>China\u2019s heightened export controls now include foreign-manufactured goods that incorporate or were processed using Chinese rare-earths, indicating a significant escalation in the trade conflict.<\/p>\n<p>The policy extension \u2014 focusing on defense, semiconductor, and AI industries \u2014 raised alarms about a potential global supply chain disruption.<\/p>\n<p>Risk assets generally plummeted today, with the S&amp;P 500 dropping 2% and the Nasdaq declining 2.7%. Trump also called off a scheduled meeting with Xi Jinping at APEC, pledging to \u201cfinancially counter\u201d China\u2019s actions.<\/p>\n<p>Trump previously characterized Beijing\u2019s measures as \u201csinister and hostile,\u201d asserting that the U.S. possesses even greater leverage but has abstained from utilizing it \u2014 until now.<\/p>\n<p>Crypto-related stocks, including Circle (CRCL), Robinhood (HOOD), Coinbase (COIN), and MicroStrategy (MSTR), fell 3%-12% throughout the day.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin value response<\/h2>\n<p>Bitcoin commenced October with significant momentum, reaching new all-time peaks exceeding $126,000 during the initial week of the month before retreating back into the $121,000 range in recent days.<\/p>\n<p>Market analysts <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-prediction-bombshell\">indicate that the surge illustrates<\/a> what many label the \u201ceuphoria phase\u201d of the current bull cycle \u2014 a period traditionally characterized by swift price increases and rising retail enthusiasm.<\/p>\n<p>If historical cycles serve as a reference, the present momentum could drive Bitcoin toward the $180,000\u2013$200,000 range before sentiment cools.<\/p>\n<p>The leading cryptocurrency has ascended more than 30% since the beginning of the year, propelled by <a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-hits-new-all-time-high-as-ibit-breaks-etf-records\">consistent inflows<\/a> into U.S.-listed Bitcoin ETFs and a revival of investor confidence throughout the digital asset sector.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-price-crashes-to-108000-as-trump-to-impose-100-tariffs-on-china\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html Bitcoin value fell to the $108,000 range today as intensifying U.S.-China trade disputes and tariff discussions created turmoil in global markets. President Donald Trump shared on Truth Social today that China has revealed \u201caggressive\u201d and \u201cunprecedented\u201d export regulations on nearly all commodities, impacting all nations starting November 1, 2025. In retaliation, Trump asserted that<\/p>\n","protected":false},"author":3,"featured_media":16886,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[3877,538,3878],"class_list":{"0":"post-16885","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-bitcoin-price-dumps-to-108","9":"tag-538","10":"tag-trump-puts-tariffs-on-china-gpt"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Plunges to $108,000 as Trump Introduces New Tariffs on China - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/10\/11\/bitcoin-plunges-to-108000-as-trump-introduces-new-tariffs-on-china\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Plunges to $108,000 as Trump Introduces New Tariffs on China - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html Bitcoin value fell to the $108,000 range today as intensifying U.S.-China trade disputes and tariff discussions created turmoil in global markets. President Donald Trump shared on Truth Social today that China has revealed \u201caggressive\u201d and \u201cunprecedented\u201d export regulations on nearly all commodities, impacting all nations starting November 1, 2025. In retaliation, Trump asserted that\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wsj-crypto.com\/index.php\/2025\/10\/11\/bitcoin-plunges-to-108000-as-trump-introduces-new-tariffs-on-china\/\" \/>\n<meta property=\"og:site_name\" content=\"WSJ-Crypto\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-11T05:40:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-Price-Crashes-to-108000-As-Trump-To-Impose-100-Tariffs-on-China.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"629\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"wsjcrypto\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scritto da\" \/>\n\t<meta name=\"twitter:data1\" content=\"wsjcrypto\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/10\/11\/bitcoin-plunges-to-108000-as-trump-introduces-new-tariffs-on-china\/\",\"url\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/10\/11\/bitcoin-plunges-to-108000-as-trump-introduces-new-tariffs-on-china\/\",\"name\":\"Bitcoin Plunges to $108,000 as Trump Introduces New Tariffs on China - 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