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Bitcoin, Ethereum rebound following ‘largest single-day wipeout in crypto history’
The crypto market suffered its “largest single-day wipeout in crypto history.” Nearly $20 billion in liquidations were triggered on Friday alone. The crash was sparked by President Trump’s new tariff threats against China.
It was a brutal and historic bloodbath, a sudden and violent purge that resulted in what one analyst has called “the largest single-day wipeout in crypto history.”
A promising “Uptober” rally was brought to a catastrophic halt on Friday as a geopolitical bombshell from the White House sent a shockwave of fear through the global markets, triggering a cascade of liquidations that erased nearly $20 billion from the digital asset space...
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