US empire looks like its going to wipe out Chinas flagship tech company Huawei. The Chinese crypto technology and exchanges are going to be in the firing line at some point. I'm guessing get thatcrypto out and onto the blockchain is a safer bet than letting it sit in an exchang right now
I don't think these trade war against this two giant nation's will lead to cryptocurrency breakdown. Most likely they are testing their pride about their own phone flagship and if US will ban Huawei then China will strike back by banning apple in their country too.