Market Crash
Trump's tariffs trigger record $19 billion crypto liquidation
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President Donald Trump's announcement of 100% tariffs on Chinese imports sparked the largest cryptocurrency liquidation in history, wiping out $19 billion in leveraged positions. Bitcoin plunged to $104,000, while Ethereum and Solana saw drops of over 14% and 20%, respectively. The sell-off rippled through global markets, with major US stock indices recording their steepest declines in months.
Crypto market suffers massive rout amid US-China tensions
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Bitcoin plunged below $110,000 on October 10, 2025, as US-China trade tensions triggered the largest single-day liquidation in crypto history. Over $19 billion in leveraged bets were wiped out, affecting 1.6 million traders. The event severed bitcoin's link to gold, making it behave like risk assets.
Bitcoin falls below $107,000 amid crypto market sell-off
Chris Blake Immagine generata dall'IA
Bitcoin dropped below $107,000 on October 17, 2025, extending a week-long decline driven by macroeconomic uncertainty and geopolitical tensions. The cryptocurrency market saw over $1 billion in liquidations, with Ethereum and other tokens also falling sharply. Traders are awaiting the Federal Reserve's meeting for potential rate cuts amid ETF outflows and risk-off sentiment.
Ukrainian crypto trader Konstantin Galich found dead after market crash
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Prominent Ukrainian crypto trader Konstantin Galich, known as Kostya Kudo, was found dead in his Lamborghini on October 11, 2025, amid a severe cryptocurrency market downturn. Authorities suspect suicide but have launched a homicide investigation. His death underscores the emotional toll on traders during volatile periods.
Zcash surges to four-year high amid crypto market crash
Zcash (ZEC) has rallied to a four-year high despite a $20 billion liquidation in the crypto market triggered by President Trump's tariff announcement. The privacy-focused cryptocurrency briefly touched $282.59 on October 11, posting its strongest daily gain since late 2021. This upward movement reflects growing interest in privacy-centric assets amid rising global financial surveillance.
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.