Bitcoin Drops By More Than ₱1 Million in A Single Day

BitPinas 2 weeks ago 155

Bitcoin plunged to about $101,500 on Binance’s perpetual futures market after former U.S. President Donald Trump announced 100 % tariffs on Chinese exports. That’s a drop of over ₱1,000,000 in a single day (at ~₱58/USD). Financial markets interpreted the tariff move as a sharp escalation in U.S. and China trade tensions. Investors rushed to de-risk positions,...

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