Episode 393
Here are 3-5 key points from the provided crypto news article:
Bitcoin has fallen below $97K, down 5% in a day and 8% over the last week, amid fears of a trade war fueled by President Donald Trump's tariffs.
Ethereum has plummeted 10% to $2,940, while XRP and Dogecoin have fallen 15% and 16% respectively, as investors become wary of risk assets like cryptocurrencies.
Liquidations of crypto futures positions have topped $900 million across the market over the last 24 hours, with Bitcoin accounting for $180 million worth of liquidations.
The trade war is expected to impact consumers and potentially diminish interest in investing in risk assets, with Canada and Mexico revealing retaliatory plans against Trump's tariffs.
Trump has warned that "pain" could be coming for Americans, but claims it will be worth it to "make America great again".
