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Strategies & Market Trends : Ride the Tiger with CD

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From: koan	10/11/2025 8:54:16 PM
	2 Recommendations Recommended By onepath ralfph of 312311

AI Overview On October 10, 2025, the total cryptocurrency market capitalization dropped by 9.46%, resulting in a loss of roughly $280–$400 billion . The plunge was triggered by President Trump's announcement of a new 100% tariff on Chinese imports. Market cap losses Total market cap decline: Multiple sources report that the total crypto market cap fell by more than 9%, or between $280 and $400 billion, on October 10th. Total market cap value: The total market capitalization of cryptocurrencies fell to approximately $3.84 trillion by the end of the day. Liquidations and volatility Record-breaking liquidations: According to data trackers CoinGlass and Coinglass, the event included the "largest liquidation event in crypto history," wiping out anywhere from $16 billion to over $19 billion in leveraged positions. Number of traders impacted: Over 1.6 million traders were reportedly liquidated. Major asset losses: Individual cryptocurrencies experienced significant drops: Bitcoin (BTC): Fell by 8% to 10%. Ethereum (ETH): Tumbled more than 12%.

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