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Why Is Crypto Crashing Today: Trump China Tariff News Hit Market?

Why Is Crypto Crashing Today: Trump China Tariff News Hit Market?

Author:

Global Cryptocurrency

Published:

2025-10-11 09:30:01

11

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BTCCSquare news:

The global cryptocurrency market experienced its largest single-day decline in history, plummeting 9.5% within 24 hours to a total market capitalization of $3.83 trillion. Leveraged positions worth over $9 billion were liquidated amid the sell-off.

Market analysts attribute the downturn to renewed trade tensions following Trump-era China tariff announcements, which triggered risk-off sentiment across digital assets. The sell-off was broad-based, affecting major cryptocurrencies and altcoins alike.

By:

On Holding Emerges as a Resilient Growth Play Amid Market Volatility

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