How Trump’s trade shock rippled through digital assets.

13/10/2025 11 min
How Trump’s trade shock rippled through digital assets.

Listen "How Trump’s trade shock rippled through digital assets."

Episode Synopsis

GUEST - Tarris Arnold, Business Development Manager at Luno

A single Trump post threatening 100% tariffs on Chinese imports sent shockwaves through equities and digital assets alike, triggering one of the sharpest selloffs of the quarter. Bitcoin tumbled nearly 8%, gold soared past $4,000, and fear ruled the screens.

Then, just as fast, the mood flipped. Over the weekend, Trump softened his tone and markets roared back. Bitcoin reclaimed $67,000, Ethereum surged almost 9%, and traders rushed back into risk assets Kaya FM