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Behind the Crypto Bloodbath: Why Altcoins Got Hammered Harder Than Majors After Trump’s Tariff Bombshell
As a seasoned trader in both the cryptocurrency and traditional finance (tradfi) space, I’ve witnessed my fair share of flash crashes, liquidation cascades, and weekend volatility spikes across various markets. But the events of Friday, October 10, 2025, stand out as a textbook example of how external shocks can ripple through digital assets with devastating precision. President Trump’s late-afternoon tweet announcing a 100% tariff on Chinese goods — dropped right after U.S. equity markets closed and just before the Columbus Day long weekend — ignited a risk-off frenzy that sent the entire crypto market into ... (full story)