Saturday October 11, 2025

Trade War Fears Sink Bitcoin to $116K; $1.3B in Leveraged Positions Liquidated

Trade War Fears Sink Bitcoin to $116K; $1.3B in Leveraged Positions Liquidated

by Terence Zimwara October 10, 2025 1 min read

(Originally posted on : Bitcoin News )

Global markets plunged after U.S. President Donald Trump threatened tariffs on Chinese imports. The downturn in the crypto market saw $549 million in long positions wiped out in four hours. Trump Vows to Counter China’s ‘Monopoly’ Global financial markets were shaken by renewed fears of a cascading trade war after U.S. President Donald Trump escalated […]

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