Bitcoin dropped below $120K like a confused penguin in a snowstorm, all because of a certain ex-president’s tariff tantrum. π§πΈ
Β
Bitcoin had a meltdown after Donald Trump, the king of “tremendous” and “nobody knows more,” threatened to raise tariffs on China. The crypto world gasped, screamed, and then sold everything. π€―
The decline was so sudden, it made a toddler’s tantrum look like a meditation session. π
Bitcoin’s $120K Nightmare
Bitcoin was flirting with $121K when Trump opened his mouth. Next thing you know, it was hiding under a rock, below $120K. π’
The tariffs? A trade war? A global catastrophe? No, just a bad day for crypto. ππ₯
Bitcoin kept wobbling like a drunk flamingo. Investors were more nervous than a squirrel in a nut-free zone. πΏοΈ
Everyone sold, because why hold onto a digital rock when you can throw it into a black hole? π
Crypto’s Big Squeal
Ethereum, Solana, and Dogecoin? They all joined the panic party. Ethereum dropped below $4,200, which is like a goldfish losing its tail. π
Cryptocurrencies, the ultimate risk-takers, got scared. It’s like telling a vampire it’s daytime. π§ββοΈ
The market turned into a circus of chaos. Investors fled, screaming, “NOT TODAY, SATAN!” π·οΈ
Money Melted Like Ice Cream in July
Over $420 million in long positions vanished faster than a magician’s rabbit. πͺπ₯
Bitcoin and Ethereum were the main villains, with $73M and $175M wiped out. π€‘
In 24 hours, $895M melted. It’s like a snowman in a sauna. βοΈπ₯
But hey, institutional investors are as brave as a lion with a snack. They bought Bitcoin, because nothing says “confidence” like throwing money at a black hole. π¦
Trump’s threat? A reminder that the market is as stable as a Jenga tower built by a toddler. π§±πΆ
So, what’s next? A crypto apocalypse? A Bitcoin birthday cake? Only the market knows. π
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2025-10-11 05:48