Bitcoin Falls Nearly Half After Trump Tariff Threat
Bitcoin fell to about $66,300 after sliding from its $126,210.50 peak on Oct. 6, 2025, amid $5.7 billion in spot ETF outflows.
Overview
Bitcoin traded near $66,300, down about 46% from its record $126,210.50 peak on Oct. 6, 2025, according to Coinbase.
Prices began sliding after President Donald Trump on Oct. 10, 2025, threatened a 100% tariff on Chinese imports, a move traders and analysts said triggered broad liquidations of leveraged crypto positions.
Investors pulled about $5.7 billion from spot bitcoin exchange-traded funds from November through January, Morningstar Direct data show.
MicroStrategy reports holdings of 713,502 bitcoin with an average purchase price above $76,000, leaving those assets valued at about $47.8 billion versus $54.3 billion cost, company filings show.
Ben Schiffrin, senior policy director at Better Markets, said in an interview that "Bitcoin is anything but safe," while industry supporters cited new SEC leadership and pending legislation as reasons for long-term optimism, a claim critics dispute.
Analysis
Center-leaning sources frame the story as a downside-driven selloff by foregrounding losses and instability with loaded verbs ("plunge," "plummets," "crash") and selective emphasis on ETF outflows, corporate writedowns and macro political risks. Prominent dire expert warnings are presented as source content, reinforcing the negative narrative.
Sources (10)
FAQ
Bitcoin reached its record peak of $126,210.50 on October 6, 2025.
History
This story does not have any previous versions.