Uptober’s Over? Trump Tariff Shock Sends Crypto Markets Tumbling - Rebound Potential Analyzed

Crypto markets plunge as Trump's tariff bombshell shatters October's bullish momentum.

The Tariff Tidal Wave

Digital assets face massive sell pressure after former President Trump's latest trade war escalation rattles global markets. Ethereum leads the decline, dragging major altcoins down in its wake.

Technical Breakdown

Key support levels shattered across the board as traders scramble for exits. The sudden policy announcement caught markets off-guard, triggering automated sell orders and liquidations throughout the derivatives market.

Recovery Prospects

Historical patterns suggest crypto typically bounces harder than traditional assets after geopolitical shocks. Market veterans point to previous tariff-related selloffs that ultimately created buying opportunities for those brave enough to catch the falling knife.

Because nothing says 'stable store of value' like 20% daily swings based on political tweets from Florida.