$19B crypto market crash: Was it leverage, China tariffs or both?

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October 13, 2025 · 1:43 PM

$19B crypto market crash: Was it leverage, China tariffs or both?

A recent pricing glitch at Binance, coupled with developments in Donald Trump's trade policies, triggered a significant market sell-off, resulting in the largest liquidation of cryptocurrencies ever recorded. This incident highlights the volatility in the crypto market and the impact of external economic factors on digital asset trading.

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