New Delhi, Oct. 11 -- Donald Trump's tariffs on China: After the announcement of an additional 100% tariffs on Chinese imports in the US, the Donald Trump administration increased the China tariffs to 130% (30% existing + 100% additional). The US administration has made it clear that an additional 100% tariff on Chinese imports will take effect on November 1, 2025. Following the announcement, a significant cryptocurrency crash was observed. Crypto majors like Bitcoin, Ethereum, Solana, Binance, etc., witnessed a big retreat after this announcement.

According to experts, Donald Trump's additional tariffs on China are the major reason for the significant decline in cryptocurrency prices on Friday. They stated that the Chinese are among the...