Bitcoin Crashes From $120K to $111K After Trump Announces 100% Tariffs on China
- —BTC lost support at $118,600 and the 50-day SMA near $114,500
- —Intraday low hit $111,350, with the key $111K–$110K zone now in focus
- —Total market cap fell from $4.1T to $3.6T, down more than 10%
- —Ethereum slipped below $4,000; BNB, SOL and XRP posted double-digit losses
Why it matters: The November 1 tariffs revive trade-war fears; holding $110K will decide whether this is a panic dip or the start of a deeper slide toward $100K.
Source: CryptoTicker