Bitcoin Rates Continue to Decline as $104,782

The world' s largest cryptocurrency known as bitcoin, saw its market value continue to decline due to U.S. President Donald Trump escalated his trade conflict with China.

After announcing Trump , Uplifting tariffs on Chinese exports to the U.S. to 100% and taking export controls on "any and all critical software" in a reprisal to recently declared export limits by China. Both on rare earth minerals which is ticklish to technology and other manufacturing.

The rate of Bitcoin was lasted down 8.4% at $104,782 as of 17:20 ET (2120 GMT).

Ethereum known as world'second-largest cryptocurrency, aslo surge to 5.8% to $3637 at 17:21 ET.