-
Why crypto briefly but dramatically crashed when Trump renewed his trade war
Cryptocurrencies plunged in value on Friday in a short but significant flash crash, leaving investors with billions of dollars in losses and highlighting the volatility associated with the industry. Traders were jolted after President Donald Trump threatened new tariffs on imports from China, sparking a sell-off in risky assets like tech stocks and crypto and a flight to safe havens like gold and silver, which are both trading at record highs. From bitcoin to meme coins, cryptocurrencies sank as investors sold their holdings and highly-leveraged positions were closed amid the sharp, unexpected downturn. The mini ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From msn.com|Oct 13, 2025The altcoin casino blew up in speculator fashion last week — and it’s not clear the gamblers are coming back. The crash didn’t just hit Bitcoin. It vaporized entire ecosystems of ...
From cointelegraph.com|Oct 13, 2025BNB Chain has launched a $45 million “reload airdrop” aimed at compensating users who suffered losses trading memecoins during Friday’s market crash. The initiative will ...
From etftrends.com|Oct 13, 2025Bitcoin has raced to another all-time high. As of midday October 6, the largest cryptocurrency by market value held above $125,700. That’s pushed bitcoin’s market capitalization ...
-
- Newer Stories
From thestreet.com|Oct 13, 2025BlackRock CEO Larry Fink has gone back on his once-cautious outlook on Bitcoin, referring to the cryptocurrency as a 'reserve currency' alternative to the US dollar in an ...
From moderndiplomacy.eu|Oct 13, 2025Kenyan lawmakers have passed a bill to regulate digital assets, including cryptocurrencies, aiming to encourage investment in the sector by providing clear rules. The Virtual ...
From fxstreet.com|Oct 13, 2025Story (IP), Ethena (ENA), and Bittensor (TAO) rise as top performers in a recovering market based on the last 24 hours' price movement. Ethena and Bittensor rebound on the ...
