又有超20万人爆仓，比特币交易额骤减近70%

Core Viewpoint - The cryptocurrency market is experiencing a significant downturn, marked by a record-breaking liquidation event where over $19 billion was lost in a single day, affecting 1.64 million traders, indicating a critical moment for the industry [1][8]. Market Performance Summary - On October 11, the total liquidation amount exceeded $19 billion, setting a historical record for the cryptocurrency market [1]. - On October 12, Bitcoin's price fell below $111,000, with major cryptocurrencies like Solana, Ethereum, BNB, and XRP also experiencing declines [1]. - The trading volume for major cryptocurrencies dropped significantly, with Bitcoin's trading volume decreasing by nearly 70% [1]. - Specific price changes for major cryptocurrencies include: - Bitcoin (BTC): $111,694.7, down 0.67%, trading volume of $84.847 billion, down 68.92% [2]. - Ethereum (ETH): $3,818.93, up 0.47%, trading volume of $81.44 billion, down 63.23% [2]. - Solana (SOL): $181.44, down 1.50%, trading volume of $24.062 billion, down 55.40% [2]. - XRP: $2.3851, down 2.02%, trading volume of $9.647 billion, down 64.90% [2]. - BNB: $1,147.97, up 3.51%, trading volume of $5.673 billion, down 59.53% [2]. Reasons for the Decline - The decline in Bitcoin's price is attributed to multiple market factors, including high leverage levels and a fragile market structure that exacerbated price drops during volatility [9]. - The announcement of increased tariffs by the U.S. on China has heightened global risk aversion, impacting the cryptocurrency market [9]. - Tight market liquidity and a cautious stance from institutional investors have further contributed to market fluctuations [9].