$19B Crypto Crash Rebounds as Trump Eases China Tariff Fears

Dubai, United Arab Emirates, October 13, 2025 – On Friday, crypto markets saw significant volatility in response to a statement made by former President Donald Trump on Truth Social. Trump’s announcement regarding potential new tariffs on Chinese imports initially caused a $19 billion crash in the crypto market. However, the situation quickly shifted as Trump later provided reassurance, leading to a rebound in crypto prices.

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