Bitcoin Slumps Below $65K as Trump Tariffs Trigger $162M Liquidations
Bitcoin tumbled below $65,000 on July 24 as the Trump administration implemented sweeping tariffs covering 60 countries and 99 percent of U.S. trade, reigniting inflation concerns and pressuring risk assets across markets. The tariff announcement triggered immediate liquidations totaling $162 million in the crypto space while equities sold off sharply, with the Nasdaq Composite falling…
