Crypto traders lose nearly $1 billion as US-China trade war overshadows Trump's crypto reserve initiative

Bitcoin surged to a high of nearly $95,000 following President Donald Trump’s announcement of a crypto strategic reserve during the weekend. However, the gains quickly evaporated as escalating trade tensions between the US and key partners, including China, Canada, and Mexico, triggered a sharp market downturn. As a result, traders speculating on the crypto market […]