Crypto Market Crash Early Today (October 11, 2025)
๐จ About the Crypto Crash Early Today ๐
๐ดMain reason: Political decision in the United States. ๐บ๐ธ๐จ๐ณ
โณ๏ธUS President Donald Trump's announcement of 100% additional tariffs on goods imported from China had a major impact on global markets and especially on crypto, which is a risk asset.
๐๏ธKey points:
โณ๏ธLargest Liquidation ๐ง
โณ๏ธThis announcement led to the largest liquidations (forced closure of leveraged accounts) in crypto history.
โณ๏ธMore than $19 billion worth of bets and positions were liquidated in 24 hours.
โณ๏ธThis affected over 1.6 million traders.
๐๏ธPrice Drop โฌ๏ธ:
โณ๏ธBitcoin (BTC): fell more than 8% to the $105,000 region (later recovered to some extent).
โณ๏ธEthereum (ETH): fell more than 12%.
โณ๏ธThe total crypto market value (Market Cap) lost about $560 billion in 24 hours.
