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29 days agoCrypto market sees record $19 billion liquidation after Trump tariff

Cryptocurrency markets collapsed after President Trump announced a 100% tariff on Chinese tech imports, sparking the largest liquidation in crypto history. Over $19 billion was wiped out across major tokens, including Bitcoin, Ethereum, XRP, and Binance Coin. Bitcoin briefly plunged below $102,000 before rebounding as panic selling subsided. Analysts said the sharp decline reflected heightened macro uncertainty and risk aversion, with traders cutting leverage exposure amid fears of escalating U.S.-China trade tensions.
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29 days agoCrypto market sees record $19 billion liquidation after Trump tariff

Cryptocurrency markets collapsed after President Trump announced a 100% tariff on Chinese tech imports, sparking the largest liquidation in crypto history. Over $19 billion was wiped out across major tokens, including Bitcoin, Ethereum, XRP, and Binance Coin. Bitcoin briefly plunged below $102,000 before rebounding as panic selling subsided. Analysts said the sharp decline reflected heightened macro uncertainty and risk aversion, with traders cutting leverage exposure amid fears of escalating U.S.-China trade tensions.
30 days ago
1 min read
72 words

Trump's tariff announcement sparked historic crypto liquidation, presenting buy opportunities amid short-term volatility.
Cryptocurrency markets collapsed after President Trump announced a 100% tariff on Chinese tech imports, sparking the largest liquidation in crypto history. Over $19 billion was wiped out across major tokens, including Bitcoin, Ethereum, XRP, and Binance Coin. Bitcoin briefly plunged below $102,000 before rebounding as panic selling subsided. Analysts said the sharp decline reflected heightened macro uncertainty and risk aversion, with traders cutting leverage exposure amid fears of escalating U.S.-China trade tensions.

Cryptocurrency markets collapsed after President Trump announced a 100% tariff on Chinese tech imports, sparking the largest liquidation in crypto history. Over $19 billion was wiped out across major tokens, including Bitcoin, Ethereum, XRP, and Binance Coin. Bitcoin briefly plunged below $102,000 before rebounding as panic selling subsided. Analysts said the sharp decline reflected heightened macro uncertainty and risk aversion, with traders cutting leverage exposure amid fears of escalating U.S.-China trade tensions.
Companies:
Bank First Corporation
Tags:
Cryptocurrency
Bitcoin
Cryptocurrency
Bitcoin
Ethereum
Crypto Liquidation
Trade Impact
Oct 11, 2025 • 09:49 IST