Crypto market loses $200B amid U.S.-China tensions

The crypto market has lost approximately $200 billion over the past two days, bringing its value down to $3.36 trillion, CryptoPotato reported, citing data from CoinGecko. Bitcoin has plunged to a multi-week low of just over $103,000 amid escalating U.S.-China tensions, following a recent peak near $112,000. The drop began after U.S. President Donald Trump proposed new tariffs against the EU and intensified after he accused China of violating trade agreements.