When The Crypto Bubble Popped — The $19B Crash No One Saw Coming
The Collapse Spark & Timeline It all began when the U.S. announced a 100% tariff on crucial tech imports from China, rekindling fears of a full-blown trade war. Almost immediately, markets flipped from greed to fear, and leveraged bullish traders were caught in a squeeze. By the end of the first 24 hours, crypto derivatives experienced more than USD 16 billion in long positions liquidated, while short positions accounted for ~USD 2.5 billion. Bitcoin slipped from over USD 125,000 just days prior
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🕒 4:18 AM
📅 Oct 12, 2025
✍️ By bobskuy9
