🚨 Bitcoin Plunges to $108K as US-China Trade War Roils Crypto Markets – Live Updates Oct 22, 2025
![[LIVE] Crypto News Today: Latest Updates for Oct. 22, 2025 – Crypto Market Erases Gains After Rebound as US-China Trade Tensions Escalate; Bitcoin Drops to $108K](https://cimg.co/wp-content/uploads/2025/10/22044427/1761108266-oct-22.jpg)
Crypto's fragile rebound collapses as geopolitical tensions trigger sell-off. Bitcoin slashes 12% in 24 hours—traders flee to 'safe havens' like memecoins (because that always works).
► Why the sudden drop? US tariffs on Chinese tech exports spark capital flight from risk assets. Miners face double squeeze: energy costs up, BTC price down.
► Altcoins hit harder: Ethereum gas fees spike as DeFi positions unwind. 'Stablecoins' suddenly less stable—Tether premium vanishes on Asian exchanges.
Wall Street 'experts' now predicting $200K BTC by EOY (same guys who called $300K last week). Pro tip: When VIX and crypto volatility sync up, buckle up.