Explaining the Bitcoin Crash: What Are Liquidations and Leverage?

October 13, 2025

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1 min read

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Decrypt

Here's why Trump's China tariff announcement on Friday was so devastating for leveraged traders.

Bitcoin plunged suddenly Friday after President Donald Trump announced a 100% tariff on goods from China, setting off the largest liquidation event in the crypto market’s history. But panicked investors weren’t responsible for the bulk of the damage.... [4547 chars]

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Source: Decrypt

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