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Bitcoin slips over 8% to $111,542 amid tariff-driven selloff
Bitcoin tumbled over 8% to $111,542 by midday on October 11, 2025, dragging its market capitalization down to about $2.22 trillion. The sharp decline followed the U.S. imposition of 100% tariffs on Chinese imports, which intensified global risk aversion and triggered selloffs across cryptocurrencies. Analysts said Bitcoin’s slump highlights its growing sensitivity to macroeconomic and geopolitical shocks as investors flee volatile assets.
Companies:
- Bank First Corporation
Tags:
- Bitcoin
- Cryptocurrency
positive
Bitcoin slips over 8% to $111,542 amid tariff-driven selloff
Bitcoin tumbled over 8% to $111,542 by midday on October 11, 2025, dragging its market capitalization down to about $2.22 trillion. The sharp decline followed the U.S. imposition of 100% tariffs on Chinese imports, which intensified global risk aversion and triggered selloffs across cryptocurrencies. Analysts said Bitcoin’s slump highlights its growing sensitivity to macroeconomic and geopolitical shocks as investors flee volatile assets.
Companies:
- Bank First Corporation
Tags:
- Bitcoin
- Cryptocurrency
1 min read
62 words
Bitcoin price bears brunt of trade war tensions, retreating sharply on tariff fears.
Bitcoin tumbled over 8% to $111,542 by midday on October 11, 2025, dragging its market capitalization down to about $2.22 trillion. The sharp decline followed the U.S. imposition of 100% tariffs on Chinese imports, which intensified global risk aversion and triggered selloffs across cryptocurrencies. Analysts said Bitcoin’s slump highlights its growing sensitivity to macroeconomic and geopolitical shocks as investors flee volatile assets.
Bitcoin tumbled over 8% to $111,542 by midday on October 11, 2025, dragging its market capitalization down to about $2.22 trillion. The sharp decline followed the U.S. imposition of 100% tariffs on Chinese imports, which intensified global risk aversion and triggered selloffs across cryptocurrencies. Analysts said Bitcoin’s slump highlights its growing sensitivity to macroeconomic and geopolitical shocks as investors flee volatile assets.
Companies:
- Bank First Corporation
Tags:
- Bitcoin
- Cryptocurrency
- Bitcoin
- Cryptocurrency
- Crypto Selloff
- Trade Tensions
- Macro Risk