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Crypto Market News Today, October 11: What Just Happened to Crypto? Bitcoin Price Tanking, ETH USD Under $4K, More Pain Coming? More China Tariffs?

Crypto news today reflects a sharp downturn triggered by rising global tensions and unexpected policy moves. The Bitcoin price plunged below $101,000 for a moment, and ETH USD sank under $3,300 before slowly climbing back to $3,800 amid a wave of liquidations. This came right after a dramatic announcement of new China tariffs from the … Read more

Tanking oil prices could double Saudi Arabia’s deficit

Riyadh, Saudi Arabia. Johnnygreig | E+ | Getty Images Crashing oil prices triggered by waning demand, global trade war fears and growing crude supply could more than double Saudi Arabia’s budget deficit, a Goldman Sachs economist warned. The bank’s outlook spotlighted the pressure on the kingdom to make changes to its mammoth spending plans and … Read more

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