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Crypto markets violently crash after Trump's latest tariffs
Yahoo Finance· 2025-10-11 01:14
The crypto market witnessed more than $7.5 billion in positions liquidated within an hour following President Donald Trump's decision to impose a 100% tariff on China. As per the latest Coinglass data, $6.22 billion in long and $1.29 billion in short positions got wiped out during the period. Bitcoin led with $1.83 billion in liquidation, followed by Ethereum with $1.68 billion, Solana with 614.38 million, and XRP with $432.46 million. If we look at the past 24 hours, more than $9 billion has been liquid ...