Crypto Liquidations Nearly at $1B as President Trump Hints at New Trade War With China
October 10, 2025 · 5:24 PM
The crypto market experienced significant losses on Friday, with nearly $1 billion in liquidations, as tensions between the U.S. and China escalated, hinting at a potential new trade war. The overall market cap fell by approximately 2%, settling around $4 trillion. Bitcoin's price decreased by 3%, trading below $119,000, while Ethereum also saw a notable decline.
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