Bitmine Snatches $480 Million in Ethereum While the Market Collapses! The Bold Move No One Saw Coming

Ah, the plot thickens. Enter President Trump with a stunning announcement: a 100% tariff on Chinese imports starting November 1, 2025. Cue global market chaos! The tariffs were a response to China’s export restrictions on rare earth minerals-materials that are, quite frankly, indispensable for anything from smartphones to electric vehicles. The crypto market crumbled faster than a badly made soufflé. Bitcoin dropped 13%, while Ethereum-oh dear-plummeted a whole 20%. And just when you thought it couldn’t get worse, $19 billion in leveraged positions were wiped out in just 24 hours. Take that, March 2020 COVID crash!




