The post Bitcoin Stays Still Despite Trump’s New ‘Trade War’ Remark appeared on BitcoinEthereumNews.com.

Key Highlights U.S. President Donald Trump has said that the country is in a trade war with China at present  The cryptocurrency market has not reacted quickly to Trump’s new remark after witnessing a historic crash last week “There was a big crash, but it worked,” says MIT’s digital currency expert Today, U.S. President Donald Trump has once again fired a shot against China, saying, “We’re in a Trade War with China Now.” While replying to a reporter on his view on the tariff war with China, Donald Trump said, “Well, you’re in one now. We have a 100% tariff. If we did not have tariffs, we would be exposed as being nothing.” However, this time, the cryptocurrency market seems still and untouched at the time of writing this. According to CoinMarketCap, Bitcoin is hovering around $111,035.68 with a tiny spike of 0.03% on an hourly chart. However, its trading volume suffered a massive crash with approximately a 22% drop. While its market capitalization stood at around $2.21 trillion.  Other altcoins like Ethereum and Solana are also going through a consolidation phase after Trump waged a tariff war against China. At the time of writing, Ethereum and Solana are trading at around $3,958.91 and $193.21, respectively.  Trump’s Unpredictable Moves in the China Trade War In less than a week, U.S. President Donald Trump has given mixed signals over his trade policies with China.  On Friday, Trump gave a fresh warning to China on Truth Social to impose an additional 100% tariff on imports from China from November 1 after China restricted exports of rare earth minerals.  “Based on the fact that China has taken this unprecedented position… the United States of America will impose a Tariff of 100% on China, over and above any Tariff that they are currently paying,”…

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Filed under: News - @ October 16, 2025 12:23 am