TEAMACHIEVERS
--
Today marks a historic day for crypto.
In over a decade of market cycles, there have only been two shocks of this scale:
- the Mt.Gox collapse (2014), when Bitcoin was still in its infancy;
- the COVID-19 crash (2020), when global markets fell in unison.
Now comes the third.
🔻 What happened:
• Bitcoin plunged to $102,000, down nearly 15% in 24 hours.
• Ethereum dropped below $3,400.
• Over $9 billion in leveraged positions were liquidated in a single day.
• The total crypto market cap fell by more than $250 billion.
Why:
Donald Trump announced 100% tariffs on Chinese imports starting November 1, along with new export restrictions on U.S. technology - a clear escalation of the U.S.–China trade war.
The takeaway:
The market’s reaction shows how deeply crypto has become intertwined with global macroeconomics.
Every political or trade shock now reverberates through digital assets instantly.
Crypto is no longer a separate world - it’s becoming a real part of the global financial system.
In over a decade of market cycles, there have only been two shocks of this scale:
- the Mt.Gox collapse (2014), when Bitcoin was still in its infancy;
- the COVID-19 crash (2020), when global markets fell in unison.
Now comes the third.
🔻 What happened:
• Bitcoin plunged to $102,000, down nearly 15% in 24 hours.
• Ethereum dropped below $3,400.
• Over $9 billion in leveraged positions were liquidated in a single day.
• The total crypto market cap fell by more than $250 billion.
Why:
Donald Trump announced 100% tariffs on Chinese imports starting November 1, along with new export restrictions on U.S. technology - a clear escalation of the U.S.–China trade war.
The takeaway:
The market’s reaction shows how deeply crypto has become intertwined with global macroeconomics.
Every political or trade shock now reverberates through digital assets instantly.
Crypto is no longer a separate world - it’s becoming a real part of the global financial system.
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
62
0
استكشف أحدث أخبار العملات الرقمية
⚡️ كُن جزءًا من أحدث النقاشات في مجال العملات الرقمية
💬 تفاعل مع صنّاع المُحتوى المُفضّلين لديك
👍 استمتع بالمحتوى الذي يثير اهتمامك
البريد الإلكتروني / رقم الهاتف