{"id":44264,"date":"2025-10-12T11:40:15","date_gmt":"2025-10-12T11:40:15","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/10\/12\/crypto-crash-wrap-bitcoin-ethereum-lead-560b-market-bloodbath-after-tariff-news\/"},"modified":"2025-10-12T11:40:15","modified_gmt":"2025-10-12T11:40:15","slug":"crypto-crash-wrap-bitcoin-ethereum-lead-560b-market-bloodbath-after-tariff-news","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/10\/12\/crypto-crash-wrap-bitcoin-ethereum-lead-560b-market-bloodbath-after-tariff-news\/","title":{"rendered":"Crypto crash wrap: Bitcoin, Ethereum lead $560B market bloodbath after tariff news"},"content":{"rendered":"
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The cryptocurrency market took a wild hit, as President Donald Trump\u2019s sudden announcement of a 100% tariff on Chinese tech imports sparked a massive sell-off. <\/p>\n

This unexpected move dramatically escalated trade tensions, rattling investor confidence and triggering a heavy bloodbath across major cryptocurrencies. <\/p>\n

The shock sent prices tumbling, wiping out billions in market value and marking one of the biggest single-day crashes crypto investors have seen in recent years.<\/p>\n

Crypto market crash: Sharp declines and liquidations<\/h2>\n

Bitcoin<\/a> led the plunge, tumbling more than 16% from highs above $126,000 to just under $105,000. <\/p>\n

Ethereum followed closely with over a 12% drop, landing near $3,778. But the pain didn\u2019t stop there. <\/p>\n

Solana\u2019s price slipped 15%, XRP<\/a> got hit hardest with a 17% fall (40% intraday), and Dogecoin endured an intense flash crash, briefly plunging 50% before finding some footing again. <\/p>\n

All told, the crypto market lost around $560 billion in value, dragging the overall market cap down to roughly $3.74 trillion. <\/p>\n

This chaos forced liquidations on a massive scale, over $19 billion in leveraged positions were wiped out within hours. <\/p>\n

Nearly all traders betting with leverage were caught off guard, triggering a domino effect of forced sell-offs and extreme volatility.<\/p>\n

Things got even messier thanks to trading bots and automated algorithms, which ended up amplifying the selloff and forcing leveraged positions to close faster than anyone expected. <\/p>\n

The crash really exposed some weak spots in the crypto world, especially with centralized price oracles and derivative markets that rely on shaky liquidity. <\/p>\n

A few stablecoins and wrapped tokens even briefly lost their peg on big exchanges like Binance, adding extra pressure. <\/p>\n

Amid all the chaos, though, some institutional players quietly swooped in, snapping up discounted positions, hinting that there might be some support under all the turmoil.<\/p>\n

Despite the harsh selloff, the event served as a reset, exposing over-leveraged participants and setting the stage for a possible healthier market going forward.<\/p>\n

The bounce back and what\u2019s next<\/h2>\n

Despite the rough ride, the market showed some resilience by the end of the day. <\/p>\n

Bitcoin clawed back toward $113,000, with Ethereum, Solana, and XRP also recovering some ground. Experts say that while the crash was painful, this could be a classic “buy the dip” moment. <\/p>\n

Historically, October has been a volatile month for crypto, but past crashes often lead to big rebounds. <\/p>\n

Some analysts are cautiously optimistic, pointing out that Bitcoin tends to gain about 20% in October on average following similar sell-offs. <\/p>\n

Still, the road ahead isn\u2019t smooth as Trump\u2019s tariffs will kick in starting November 1, keeping traders on edge. <\/p>\n

For now, investors are watching key support levels closely, balancing hope for a rally with the clear risks that geopolitical tensions could keep the market bumpy for a while.<\/p>\n

The post Crypto crash wrap: Bitcoin, Ethereum lead $560B market bloodbath after tariff news<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency market took a wild hit, as President Donald Trump\u2019s sudden announcement of a 100% tariff on Chinese tech imports sparked a massive sell-off. This unexpected move dramatically escalated trade tensions, rattling investor confidence and triggering a heavy bloodbath across major cryptocurrencies. The shock sent prices tumbling, wiping out billions in market value and <\/p>\n","protected":false},"author":1,"featured_media":44265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-44264","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/44264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=44264"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/44264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/44265"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=44264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=44264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=44264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}