Cryptocurrencies experienced another decline following China's announcement of new tariffs on US goods and an antitrust investigation into Google. This development coincided with a broader market downturn, which had already seen significant liquidations due to investor uncertainty. Notably, Dogecoin led the losses with a 5.8% drop, while other major cryptocurrencies like XRP fell by 5.1%. Bitcoin fared comparatively better, decreasing only 1.3% to $98,934. China revealed tariffs ranging from 10% to 15% on various American imports, including 15% on coal and liquefied natural gas, effective immediately. The US market expects the NASDAQ 100 futures to decline prior to opening, reflecting the immediate impact of Japan's tariffs. Concurrently, commodity markets showed a decline, with natural gas and crude oil prices dropping significantly, while copper saw a minor increase. This situation continues to develop, signaling ongoing tension in the US-China trade relationship.

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