Bitcoin Falls to $111K as Trump Administration Implements Price Floors to Counter China

16-Oct-2025 Bitcoin.com

U.S. Treasury Secretary Scott Bessent says the move is necessary to compete effectively against “non-market” economies like China. Trump’s Anti-China Price Controls Send Bitcoin to $111K China and the U.S. are now embroiled in an all-out trade war and it appears bitcoin has taken the brunt of the impact, more so than stocks. U.S. Treasury […]

Also read: US Government May Have Quietly Seized Another $2.4B in Bitcoin Linked to Lubian Mining Pool

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