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  Crypto Market Wipes Out $19 Billion as Trump Announces 100 % China Tariffs New Delhi / Global, October 12, 2025 — The cryptocurrency market was rattled today as U.S. President Donald Trump unveiled sweeping 100 % tariffs on Chinese tech products and tightened export controls on critical software. The announcement triggered sharp panic-selling across digital assets, resulting in over $19 billion in liquidations — the largest single-day wipeout in crypto history.  📉 Fallout in Digital Assets Bitcoin dropped by more than 8 %, slipping toward $104,782, while Ethereum and major altcoins also plunged. The overall market capitalization of the crypto sector dropped sharply, and trading volumes slipped as investors raced for safety.  🌐 Global & Regional Reactions In India, the crypto markets mirrored the global decline, with Bitcoin and Ethereum entering the red zone.  Analysts see the crash as a combination of macroeconomic shock, geopolitical risks, and excessive l...