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US-China Trade War: Crypto Market Risks More Downside As Tariffs Go Into Effect

CoinGape LogoCoinGape1w ago

US-China Trade War: Crypto Market Risks More Downside As Tariffs Go Into Effect - CoinGape

Quick Summary:

The trade war between the United States (US) and China is heating up, which is threatening to tumble the global markets, including the crypto market.

Specifically, the US has announced that a 104% tariff rate on China will begin on April 9, while the Asian country is already making moves to retaliate.

Rekt Capital stated that, historically, the actual price bottom would be -0.32% to 8.44% lower than the price when the RSI first bottomed.

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US-China Trade War: Crypto Market Risks More Downside As Tariffs Go Into Effect - CoinGape (Picture 1)

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 18:29:25 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27735304

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "US-China Trade War: Crypto Market Risks More Downside As Tariffs Go Into Effect" has 449 words across 35 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "US-China Trade War: Crypto Market Risks More Downside As Tariffs Go Into Effect" was covered 1 weeks ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 24 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27735304
  • URL: https://citrocola.beamstart.com/news/us-china-trade-war-crypto-17441373171446

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