Crypto Carnage: $9.45 Billion in Leveraged Positions Obliterated, 1.42M Traders Liquidated

President Donald Trump’s China tariff threat saw the cryptocurrency market shed more than $500 billion after the total market capitalization nosedived from $4.25 trillion to under $3.75 trillion. Bitcoin pulled the market down ( BTC), briefly tumbling to $109,683, a near double-digit drop in 24 hours. Ethereum ( ETH) plunged from an intraday high of […]

Oct 11, 2025 - 03:10
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Crypto Carnage: $9.45 Billion in Leveraged Positions Obliterated, 1.42M Traders Liquidated
President Donald Trump’s China tariff threat saw the cryptocurrency market shed more than $500 billion after the total market capitalization nosedived from $4.25 trillion to under $3.75 trillion. Bitcoin pulled the market down ( BTC), briefly tumbling to $109,683, a near double-digit drop in 24 hours. Ethereum ( ETH) plunged from an intraday high of […]

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