BTCC
/
BTCC Square
/
CoingabbarEN
/
Crypto Bloodbath: Did Trump’s 100% Tariff on Hollywood Trigger the Sell-Off?
Crypto Bloodbath: Did Trump’s 100% Tariff on Hollywood Trigger the Sell-Off?
12
3
Bitcoin tanks 15% overnight as markets panic over Trump’s draconian tariff on film imports—because apparently nothing crashes digital assets faster than old-school protectionism.
Behind the plunge: Traders dumping risk assets after the tariff announcement sparked fears of broader trade wars. Never mind that crypto was already wobbling from Fed hawkishness—why let facts ruin a good narrative?
The real kicker? This tariff applies to physical film reels. In 2025. Someone tell the White House about streaming.
Silver lining for degens: At least now you can blame your bad trades on ’macro conditions’ like the Wall Street suits do.
The global crypto market is seeing a tough day, with its total value dropping slightly. Right now, the total market cap is $2.95 trillion, marking a 0.48% decrease over the last 24 hours, as per CoinMarketCap data. But interestingly, the total trading volume ha... Read More
By:
Previous
Tether Jumps Into AI Arms Race—Now Accepting USDT and Bitcoin Payments
Next
Crypto Daily Digest: 4 Market-Moving Headlines You Can’t Afford to Miss
