13/10/2025
The crypto market crashed on October 10-11, 2025, wiping out over $19 billion in value due to several key factors. Primarily, U.S. President Donald Trump's announcement of new tariffs on Chinese tech imports reignited fears of an escalating U.S.-China trade war, triggering widespread panic selling.
This was amplified by the market's heavy reliance on leverage, leading to massive liquidations on exchanges like Binance , Bybit and others
Additionally, a lack of fresh catalysts contributed to ongoing stagnation, making the market vulnerable to shocks.
Some analysts suggest a possible coordinated attack on major platforms exacerbated the drop.
Signs of stabilization are emerging, but volatility remains high amid global economic tensions.
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