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$1 Trillion VANISHES! Trump Tariffs Spark Record Bitcoin & Ethereum SELL-OFF
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00:00Even though we had this huge day down, it doesn't mean that the macro structure is broken yet.
00:28For something like that, we would need to see closes back below the previous old all-time highs.
00:34And even on the tariff collapse, the price did not close underneath the old all-time highs.
00:40Now, it was a huge drawdown, huge scares.
00:43I'm not saying I was perfect with anything in this market, but when we just take a step
00:47back and look at the rules, 50% levels, support and resistance levels, where do those closes
00:54come in?
00:55It didn't break underneath.
00:56It didn't close underneath those highs.
00:58I can't see wicks, but it didn't close underneath those highs.
01:02Therefore, the market was still hard to believe at the time as well.
01:07I agree.
01:08Now, the NASDAQ also looking at-
01:10The currency market in turmoil after Trump's China tariff announcement.
01:20The currency world is reeling.
01:22In less than 24 hours, over $1 trillion vanished from the crypto market, marking a record-breaking
01:28liquidation event.
01:28This seismic shift occurred immediately following U.S. President Donald Trump's announcement
01:37of an additional 100% tariff on China, triggering fears of a global trade war.
01:39Massive liquidation event.
01:41According to Bloomberg and Coinglass data, more than 1.6 million traders suffered losses exceeding
01:46$19 billion in what's being dubbed the biggest liquidation event in crypto history.
01:50Over $7 billion in positions were liquidated in under an hour on October 10.
01:54The fallout saw Bitcoin plummet over 8% to around $111,542, while Ethereum dropped 11% to roughly $3,878.
02:06Major altcoins like American Express, Dogecoin, and Cardano experienced even steeper declines,
02:12with some falling up to 30%.
02:14This massive leveraged liquidation event saw over $20 billion in borrowed positions forcibly
02:19closed.
02:20Open interest and market reset.
02:22The Business AMway website reported a nearly 40% overnight drop in open interest, a measure
02:28of market strength, indicating a rapid removal of speculative leverage.
02:31Daniel Pereira, senior VP of AFRI, described it as a liquidity-driven reset, not a fundamental
02:37failure, suggesting a mechanical sell-off rather than macro panic.
02:41Crypto maturity or vulnerability.
02:42Chris Meller, head of ETF product management at Invesco, highlighted that Bitcoin's reaction
02:47to global trade policy, inflation data, and central bank signals points to cryptocurrency's
02:50growing maturity as a high-beta macro asset, not its imperfection.
02:53However, the British daily index warned that the new tariffs on Canada, Mexico, and China
02:58have sparked fears of global trade war, decreasing investor interest in risky assets across both
03:02stock and crypto markets.
03:04Watch to understand the full impact of Trump's tariffs on the volatile world of cryptocurrency
03:07and what it means for the future of digital assets.
03:12The government is one billion dollars, and the because of the bank, the US government
03:19has been and the total investment of the international government.
03:21The government has been and the US government's partners.
03:23હરેછે એહણ પર્જંતો એક દસમેક છોઈ મલ્યનેરો બેશી બેફ્ષાઈ કિપ્ટ કારેંશી બાજારે
03:28ઉનીસ બીલ્યન ડ્લારેરો ભેશી ખતી સંગ મખીન હયેછે ટાંપેત ઓઈ ઘસણાર પર ગતો ચોબીસ ઘંતાર કમ સમ�
03:58તો કરેચે ગતો 10 અકટબર એક ઘંતારો કંશમઓયે ટેદીંગેર મંથે શાદ બીલ્યન ડલારેરો બેશી પોદીશોન �
04:28એથેરીયામ એકરો સામેક આર્ટ આર્ટ બીલ્યન ડલારે દરીએછે એથેરીયામ એકરો સાતરે પોર પરાયે એથ�
04:58મીલ્યન ટેડારેર પોદિશન જોર્પર્બક બંદો હેછે જાર બેશી ભાગી બીટઓઈન ઓ એથીરેયામેર લંગ પોદ
05:28માક્રો પેણીકેર શંગે એર કોના શંપર કોર કોણીં એન ભેશ્કર ETF પોડાક્ટ મારજમેંટેર પોધાન કીસ્�
05:58પોતેને બલોએથે કાના ણમીક્ર કોણેર ઉપણોંચુલ કોણે આલકે સીધા બાનીચે હશ્કર કોણે એર ફાલેએ�
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