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🗞 April 9, 2025 cryptocurrency news highlights
【Cryptocurrency】
🔥 US-China Trade War Escalates: 104% Tariffs Imposed Amid Retaliation
【Economy】
In response to new U.S. global tariffs, Bitcoin miners are rapidly importing equipment from regions like China, Malaysia, and Thailand, with some large companies chartering flights costing up to $3.5m per trip.
【Indicators】
If Bitcoin falls below $74,000, the cumulative long liquidation intensity of mainstream CEX will reach 476 million. On the contrary, if Bitcoin surpasses $78,000, the cumulative short liquidation intensity of mainstream CEX will reach 982 million.⚠️💰
【More】
President Donald Trump claimed the U.S. is collecting $2bn per day from tariffs.