Bitcoin, Ethereum Dive Alongside Stocks as Trump Threatens 'Massive' China Tariffs

Crypto prices plunged alongside stock market indices early Friday after President Donald Trump threatened to ratchet up tariffs on China. Bitcoin dove below $119,000 for the first time since October 2, and was recent trading for $119,028—down 1.7% on the day. But other leading cryptocurrencies saw sharper dips, with Ethereum and Solana both down almost 5% in the last hour alone, to prices of $4,107 and $211 respectively. Crypto market liquidations have skyrocketed amid the plunge, with CoinGlass showing ...