![[Update] Crypto Traders Hit Hard as Market Reacts to US-China Tariff War](https://bitpinas.com/wp-content/uploads/2024/12/Just-In-New-1-768x402.png "[Update] Crypto Traders Hit Hard as Market Reacts to US-China Tariff War 1")
[Update] Crypto Traders Hit Hard as Market Reacts to US-China Tariff War
Markets will dissect the U.S. Treasury/Commerce Department’s plans for potential crypto exposure.
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Quick Take: Crypto Liquidations Top $2B as Bitcoin, Memecoins Retreat Amid Tariff Turmoil
Updated: Liquidations in the pas 24 hours have exceeded $2 Billion. A market-wide crypto sell-off triggered $1.06 billion (₱61.8 billion) over 24 hours as Bitcoin slid below $97,400 and memecoins cratered amid fears of escalating U.S. trade wars. Quick Take delivers key facts fast—concise, clear, and easy to read. Perfect for busy readers. Key Takeaways: By…
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Quick Take: Trump Pardons Silk Road Founder Ross Ulbricht
Trump’s pardon comes amid his increasing engagement with the crypto community.
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Quick Take: Melania Trump’s Meme Coin Derails $TRUMP Token Rally, Fake Barron, Ivanka Coins Launched
$MELANIA launched on Solana and promoted via Melania Trump’s verified accounts on X and Truth Social.
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Quick Take: Solana, XRP Surge Amid Rumors of U.S. Crypto Reserve
Reports suggest Trump is “receptive” to including altcoins like SOL, XRP, and USDC in a strategic reserve, alongside bitcoin.
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Quick Take: XRP Surges Above $3, Hits $3.18 for the First Time Since 2018
XRP is now less than 9% away from its all-time high of $3.40, set in January 2018.
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Quick Take: XRP Hits $160 Billion Market Cap Amid Surging Price
Notably, Ripple CEO Brad Garlinghouse had a highly publicized meeting with incoming U.S. President Donald Trump, calling the occasion a great start for 2025.
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Quick Take: Donald Trump’s Crypto Portfolio Hits $16.1 Million Amid New Developments
Trump’s election has sparked optimism in the cryptocurrency market, with Bitcoin recently crossing $100,000 amid expectations of favorable regulations.
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Quick Take: BSP Considers Subscription Fees for Digital Payments to Lower Costs
This move aims to reduce transaction costs and support financial inclusion.
