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19 Billion Liquidations in 24h: Historic Crypto Crash Triggered by Trump’s Tariff Threat

19 Billion Liquidations in 24h: Historic Crypto Crash Triggered by Trump’s Tariff Threat

Author:

Global Cryptocurrency

Published:

2025-10-11 12:59:02

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BTCCSquare news:

Markets reeled as former President Donald TRUMP announced 100% tariffs on Chinese imports, sending shockwaves through global finance. Cryptocurrencies bore the brunt, with $19 billion in positions liquidated within 24 hours—a record since the sector's inception.

Over 1.6 million traders faced liquidations, predominantly long positions. The USDe stablecoin's plunge highlighted systemic stress in crypto derivatives. This Black Friday-level volatility underscores the market's hypersensitivity to geopolitical risks.

Trump's Truth Social post on October 10, 2025, reignited trade war fears, triggering panic across asset classes. While traditional markets wavered, crypto experienced unprecedented deleveraging. The event serves as a stark reminder of digital assets' volatility under macroeconomic pressure.

By:

Lagrange and Toku Partner to Pioneer AI-Driven Payroll Using Stablecoins

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