Liquidations
Trump's tariff threat sparks over $7 billion in crypto liquidations
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Cryptocurrency prices plunged on October 10, 2025, after US President Donald Trump announced plans for an additional 100% tariff on Chinese goods and export controls on critical software. Bitcoin fell more than 10% to below $110,000, while other major tokens like Ethereum and Solana dropped 15-30%. The sell-off led to over $7 billion in leveraged position liquidations within hours, according to Coinglass data.
Trump's China tariff announcement sparks record crypto crash
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US President Donald Trump's surprise announcement of 100% tariffs on Chinese imports triggered the largest single-day liquidation event in cryptocurrency history, wiping out nearly $19 billion in positions. Bitcoin plunged from a record high of $126,000 to below $107,000, while altcoins suffered steeper declines amid a cascade of leveraged trades. Markets partially recovered over the weekend as tensions eased with calming statements from both sides.
Bitcoin falls to $105,000 triggering over $1 billion in liquidations
Bitcoin's price dropped to around $105,000, its lowest in months, sparking widespread liquidations across the cryptocurrency market. Over 290,000 traders saw their positions closed, resulting in more than $1 billion in losses in a single day, according to CoinGlass data. The sell-off affected major assets like Ethereum and Binance Coin, though smaller projects like Tapzi continued to attract investor interest.