{"id":52705,"date":"2025-10-14T08:31:40","date_gmt":"2025-10-14T08:31:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52705"},"modified":"2025-10-14T08:31:40","modified_gmt":"2025-10-14T08:31:40","slug":"bitcoin-slips-under-112k-eth-doge-drop-6-as-china-hits-back-on-u-s-tariffs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52705","title":{"rendered":"Bitcoin Slips Under $112K, ETH, DOGE Drop 6% as China Hits Back on U.S. Tariffs"},"content":{"rendered":"<div>\n<p>Bitcoin fell below $112,000 during trading Tuesday afternoon Hong Kong time as China\u2019s retaliatory trade measures sent a fresh wave of risk-off sentiment across global markets.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-14\/china-imposes-curbs-on-hanwha-units-after-us-shipping-moves?srnd=homepage-asia\">Bloomberg reported<\/a> earlier Tuesday that China sanctioned U.S. units of South Korean shipbuilder Hanwha Ocean in a move that reignited fears that the trade conflict with Washington could spiral, just days after both sides signaled restraint.<\/p>\n<p>Stocks in Asia tumbled, equity futures in the U.S. and Europe followed, and crypto traders were again forced to de-risk after a brief weekend bounce.<\/p>\n<p>Contracts tied to the S&amp;P 500 dropped 0.7%, Nasdaq 100 futures lost 1%, and Japan\u2019s Nikkei fell more than 3%, marking its worst session in nearly two months. <br \/>The yen reversed losses and strengthened against the dollar. Gold and silver both erased earlier gains in heavy afternoon selling, while 10-year Treasury yields eased to near 4.03% as investors moved to safety.<\/p>\n<p>Crypto again tracked risk. Bitcoin fell 3% to $111,869, Ethereum dropped 4% to around $4,000, and BNB slid more than 10% after outperforming last week. XRP, Solana, and Dogecoin all fell between 5% and 6% in the past 24 hours.<\/p>\n<p>Total liquidations hit $630 million, with long positions making up two-thirds of the wipeout, <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">according to CoinGlass<\/a>.<\/p>\n<p>The correction extends a volatile stretch that began with U.S. President Donald Trump\u2019s <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/10\/10\/usd16b-in-longs-liquidated-as-wall-street-sell-off-extends-btc-eth-broader-crypto-market-meltdown\">100% tariff threat on Chinese imports last week<\/a> \u2014 a shock that triggered crypto\u2019s largest-ever liquidation event.<\/p>\n<p>Nearly $20 billion in positions were erased across derivatives markets in 24 hours, per Hyperliquid data, before a short-lived rebound over the weekend.<\/p>\n<p>The latest slide continues to show just how tightly crypto remains coupled to global macro risk,<a href=\"https:\/\/www.coindesk.com\/markets\/2025\/10\/12\/green-shoots-on-china-lifts-crypto-in-sunday-action\"> with an earlier bounce from Sunday nearly reversing fully.<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin fell below $112,000 during trading Tuesday afternoon Hong Kong time as China\u2019s retaliatory trade measures sent a fresh wave of risk-off sentiment across global markets. Bloomberg reported earlier Tuesday that China sanctioned U.S. units of South Korean shipbuilder Hanwha Ocean in a move that reignited fears that the trade conflict with Washington could spiral, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52705","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52705"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52705\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}