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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)
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From thestreet.com | Oct 12, 2025
The crypto market roared back to life on Oct. 12 after U.S. presidential candidate Donald Trump attempted to calm investors, saying they should not "worry about China following his announcement of a 100% tariff on Chinese imports earlier this week, a move that had sparked panic across global markets. After a $19 billion liquidation wipeout on Oct. 10, ...
China signaled Sunday that it would not back down in the face of a 100% tariff threat from President Donald Trump, urging the U.S. to resolve differences through negotiations instead of threats. Chinas stance is consistent, the Commerce Ministry said in a statement posted online. We do not want a tariff war but we are not afraid of one. It was Chinas ...