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How Trump’s trade shock rippled through digital assets.

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GUEST - Tarris Arnold, Business Development Manager at Luno

A single Trump post threatening 100% tariffs on Chinese imports sent shockwaves through equities and digital assets alike, triggering one of the sharpest selloffs of the quarter. Bitcoin tumbled nearly 8%, gold soared past $4,000, and fear ruled the screens.

Then, just as fast, the mood flipped. Over the weekend, Trump softened his tone and markets roared back. Bitcoin reclaimed $67,000, Ethereum surged almost 9%, and traders rushed back into risk assets

13 Oct 2025 4PM English South Africa Business News · Investing

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