🔥 China Just Turned the Tables on the U.S. — and Crypto Fel
Ben Hultman D57W
Updated at: 2 hours ago
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China came out swinging today — and the timing couldn’t have been more strategic. 🇨🇳💥
September data surprised everyone: exports surged 8.3%, imports rose 7.4%, showing zero slowdown despite U.S. tariff threats. But here’s the twist — rare earth exports fell 31%, as Beijing tightened controls. No speeches, no noise — just pressure where it hurts most: U.S. supply chains. ⚙️
Markets reacted instantly:
🇨🇳 CSI300: -1.8%
🏙️ Shanghai: -1.3%
🏦 Hang Seng: -3%
Only rare earth and chip-related plays stayed green — because everyone knows that’s where China’s leverage lies. 💡
And as usual, crypto felt it first.
Bitcoin dumped ~8%, briefly touching $104K, with over $19B liquidated as overleveraged longs got flushed. 💣
Then came the pivot — a classic macro whiplash moment.
Trump tweeted that things with China were “settled” and “nothing to worry about.”
Beijing followed with a calm clarification: exports aren’t halted — they’re licensed.
The tone flipped fast:
💵 Dollar pulled back
🥇 Gold ripped to a record high
₿ Bitcoin bounced hard to $114.8K
The sequence was clear — fear trade hit first, hedge trade answered right after.
This wasn’t just another headline cycle.
It was real pressure, real reaction, and real reversal — all in less than 24 hours. ⏳
China proved it can absorb hits and counterpunch fast, while the U.S. scrambled into damage control mode.
Once again, crypto was the first to react — and the smartest money moved early. 🧠⚡
#Bitcoin #CryptoNews #MarketUpdate #China #DeFi #MacroMoves #BTC #CryptoCommunity
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