Why Wallet and L2 Token Launches Could Spark the Next DeFi Boom. Photo by BeInCrypto A wave of heavy market activity on October 10 sent shockwaves through both traditional and digital markets, exposing the limits of major centralized crypto exchanges. The turbulence began moments after US President Donald Trump announced a 100% tariff on Chinese imports. The policy surprise spooked global investors, triggering a sell-off that spread from equities to digital assets within minutes. Trump’s Tariff Shock Ex ...