On the 10th, President Trump announced on Truth Social that he plans to impose an additional 100% tariff on Chinese imports on top of existing tariffs starting November 1st and to impose export controls on „all critical software“. The news triggered a global plunge in risk assets, with cryptocurrency markets taking the brunt of the fall.
The cryptocurrency markets reacted even more violently, with Bitcoin falling more than 13% to $110,000 before finally settling at $113,700, Ether plummeting more than 17%, and Ripple and Dogcoin plummeting more than 30%. In the past 24 hours, liquidity across the network rose to $19.279 billion, with a total of 1,657,646 positions liquidated globally.
The main reason for the cryptocurrency market’s plunge is that Trump’s tariff threats have triggered market concerns about the outlook for the global economy, with investors losing their risk appetite and selling off risky assets.
At the same time, the cryptocurrency market itself is highly volatile and speculative, and prone to crashes when market sentiment deteriorates.
As a result, investors in cryptocurrencies such as Bitcoin have been transferring their assets to Xiushan Mining to stabilize their assets from external influences while still earning a decent daily return.
Focus XiuShan Mining
Xiushan Mining is a leading cloud computing platform that integrates global high-quality mines and high-performance miners, so users can easily participate in mining without purchasing equipment.
The platform supports flexible investment plans, real-time monitoring of earnings, stable arithmetic power and transparent earnings, creating a convenient and safe mining experience. In addition, we also provide professional technical support and worry-free after-sales service.
Starting to earn passive income：
1.Sign up for a xiushan mining account and get a $15 cash bonus for signing up now!
2.Choose the contract that meets your needs, view its contract period and daily earnings
3.Connect your account wallet and recharge the amount of money you want to buy the contract, the platform supports a variety of cryptocurrencies ETH, XRP, BTC, DOGE, SOL, USDT …. …
4.Purchase contracts, click on the contract you want, and then enter the amount and password to complete the purchase.
5.Dashboard to view earnings, you can view daily earnings in the dashboard.
6.Refer a friend bonus, refer your friends to register and buy contracts, you can get 4.5% bonus, this bonus directly to your account balance, you can directly withdraw cash or buy contracts!
With the repeated fluctuations in the global economy, choosing xiushanmining is the right choice for you, not only to preserve your assets, but also to steadily increase your earnings.
Offizielle Website: https://xiushanmining.com/
Contact Email: info@xiushanmining.com
Quellen: PublicDomain am 12.10.2025
