Trump’s China Tariff Announcement May Have Triggered Bitcoin Plunge and Roughly $19 Billion in Leveraged Liquidations
Trump’s China Tariff Announcement May Have Triggered Bitcoin Plunge and Roughly $19 Billion in Leveraged Liquidations
CoinOtag 2025-10-13 22:01:41
The Trump China tariff announcement triggered a sudden market shock that forced rapid deleveraging in perpetual futures, causing the largest single-day crypto liquidation event on record and devastating highly leveraged