Bitcoin Price Prediction as Trump’s Tariff Shock Triggers $19B Liquidation

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Bitcoin price drops sharply as Donald Trump announces new tariff measures causing massive market liquidations.

Highlights

  • Bitcoin on the verge of breaking its ascending channel amid mounting bearish sentiment.
  • Trump’s 100% China tariff intensifies global market fear, triggering widespread selloffs.
  • Massive liquidations worth nearly $19B mark crypto’s largest single-day wipeout.

The crypto market is sharply down today as global risk sentiment deteriorates following renewed trade tensions between the United States and China. Bitcoin leads the decline, dropping 8.1% in the past 24 hours, while other top assets such as Ethereum and Solana also tumble. Meanwhile, investors are turning cautious as macroeconomic shocks continue to dictate short-term market behavior and shape the broader BTC price narrative.

Bitcoin Price Action: Breakout Turns Bearish As BTC Targets $100K Retest

Bitcoin’s daily chart reveals a clear incoming break below the ascending channel that supported its uptrend through much of 2025. The move signals weakening technical strength as selling pressure intensifies after weeks of failed attempts to breach the $125K resistance.

The current Bitcoin market price trades at $111,871, hovering near a critical mid-range support level. Notably, the Parabolic SAR dots have flipped above the price candles, confirming a shift in short-term control toward sellers. Meanwhile, the RSI sits near 43, suggesting declining buyer conviction and room for further downside.

Bitcoin now trades within a broad consolidation zone stretching from $100K to $125K. A decisive close below the trendline could open the door for a full retest of the $100K region before any rebound attempt occurs. However, if bears maintain momentum, the correction could deepen further—an outcome that would heavily influence the long-term BTC price prediction heading into 2026.

Bitcoin price action
BTC/USD 1-Day Chart (Source: TradingView)

Trump’s 100% Tariff Sparks $19B Liquidation Bloodbath Across Crypto Markets

The U.S. President Donald Trump’s sudden declaration of a 100% tariff on Chinese imports has shaken global markets, igniting one of the most intense selloffs of 2025. The measure, scheduled to take effect on November 1, 2025, was described as a retaliatory response to China’s export restrictions, escalating already fragile trade relations.

The impact on digital assets was immediate. Bitcoin, Ethereum, and Solana all recorded steep declines within hours, resulting in a record-breaking $19.3 billion in liquidations across exchanges. More than 1,000 leveraged traders lost six-figure sums, while several accounts were completely wiped out—including one with over $19 million in losses on Hyperliquid.

This unprecedented liquidation event underscores the vulnerability of crypto markets to macroeconomic policy shocks. The sudden collapse in confidence has disrupted technical setups and amplified short-term bearish momentum. As geopolitical uncertainty lingers, Bitcoin’s recovery potential remains constrained, with volatility expected to persist through the final quarter of 2025.

To sum up, Bitcoin price faces intensified selling after the tariff-driven crash, with bears maintaining control below the mid-range zone. A retest of the $100K support appears increasingly likely before any meaningful rebound occurs, as macroeconomic tension continues to suppress buying interest. If global trade conditions worsen and sentiment remains fragile, the correction could deepen into early 2026. 

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Frequently Asked Questions (FAQs)

1. What caused the recent selloff in the crypto market?

The sharp decline was triggered by Donald Trump’s announcement of a 100% tariff on Chinese imports, sparking a global risk-off reaction.

2. How did Trump’s tariff impact the broader financial markets?

The tariff announcement caused widespread panic, leading to massive liquidations across both traditional and digital assets.

3. Why did the tariff news affect investor confidence in crypto?

It reinforced concerns over global economic stability, driving investors to reduce exposure to volatile assets like cryptocurrencies.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.