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US-China Trade Tensions Halt as Crypto Market Sees $680M in Liquidations
- US Treasury Secretary Scott Bessent stated that US-China trade talks have stalled.
- US Appeals Court reinstated Trump’s reciprocal tariffs after initially being struck down.
- Altcoins like Ethereum, XRP, and Dogecoin corrected 3-8% amid trade war uncertainty.
- The crypto market saw $680 million in liquidations in 24 hours, with Bitcoin hitting a new all-time high above $111,000.
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