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The cryptocurrency market experienced a sharp decline on October 11, 2025, coinciding with a historic liquidation of $19 billion. This unprecedented event led to a market value drop of $400 billion, as U.S. tariffs on Chinese imports triggered widespread panic. Key market players, including major U.S. cryptocurrency exchanges, expressed concerns about structural barriers, often referred to as "Chinese walls," in the global financial sector.

Prominent figures from leading trading platforms, such as Binance and Bybit, have emerged at the forefront of the scene, showing caution and implementing strategies to deal with market volatility. The imposition of a 100% tariff on Chinese technology imports by President Donald Trump has been identified as a major trigger for market disruption. This move led to rapid sell-offs and liquidity issues, significantly affecting many exchanges and institutional investors.
GT-0.3%
BTC1.99%
XRP4.68%
ETH-0.13%
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