Trump Says China Tariffs ‘Won’t Stand’ — But Bitcoin Crashes 5% Anyway
Posted On October 17, 2025
Bitcoin (CRYPTO: BTC) fell below $104,000 on Friday before president Donald Trump said high tariffs on China “will not stand,” easing trade tensions but doing little to stop the market’s decline.
Trump’s Tariff Comments Fail To Rescue Bitcoin Price
Bitcoin stayed under pressure even after U.S. President Donald Trump said he believes the U.S. will “be fine with China” and answered “no” when asked if high tariffs would stand.
The remarks briefly eased concerns over renewed trade tensions but had little effect on market sentiment.
Traders said the reaction reflected persistent caution across risk assets, with crypto markets still weighed down by tightening liquidity and weak inflows.
The comments did not trigger …
About The Author
