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Crypto Market Declines for Seventh Straight Day amid Tariff Fears
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Crypto markets extended losses for a seventh day as Bitcoin hovered around $108K and $19 billion in liquidations followed renewed US–China tariff tensions.
The global crypto market cap slipped 1% to $3.74 trillion as Bitcoin fell 0.2% to $108,000, marking its seventh consecutive daily loss. Analysts attributed the downturn to renewed tariff threats by the US on Chinese imports, triggering nearly $19 billion in liquidations across major exchanges. Ethereum hovered near $3,800 with neutral sentiment. Altcoins including BNB and SOL followed the broader decline, while traders anticipate short-term volatility before stabilization as macro uncertainty lingers.