Crypto Black Friday Explained
Crypto Black Friday led to the loss of $19.5 billion in a matter of hours, revealing underlying structural issues and manipulation risks in cryptocurrency markets.
On October 10-11, 2025, the cryptocurrency market experienced a significant collapse, with over $19.5 billion in leveraged positions being wiped out and Bitcoin's value dropping by 8.4%.
The crash began as a response to the US announcement of a 100% tariff on Chinese goods, sparking fears of higher inflation and stricter Federal Reserve policies.
The event exposed deeper cracks in the system, highlighting the impact of automated trading, thin liquidity, and structural weaknesses on the market.
The combination of these factors triggered a chain reaction across exchanges, shaking investor confidence worldwide.
Author's summary: Crypto Black Friday caused $19.5 billion loss.
More News
- Israeli airstrikes killed 1 and injured 7 in Lebanon despite ceasefire – Ya Libnan
- Meta to add parental controls for kids' interactions with AI chatbots
- Coinbase Asset Management & iTrustCapital partner on Bitcoin yield strategy for IRAs - CoinJournal
- Dodgers notes: Shohei Ohtani, Mookie Betts, Tyler Glasnow
- Best Esports Betting Sites in 2025 - Top Bookmakers, Tips & Offers
- Golden Knights caught in ugly fallout less than 24 Hours after Carter Hart signing
- High schools across the Commonwealth officially switch from the ACT to the SAT
- Suspect in Kada Scott disappearance seen peering into woman's window in viral TikTok: sources
- Suspect in Kada Scott disappearance seen peering into woman's window in viral video: sources
- Former McLaren CEO moves (back) to Porsche amidst tough financial times | Evo