Trump's tariff nuclear bomb! Bitcoin price flash crash to 102,000, 1.65 million people get liquidated evaporating 19.2 billion dollars.

Trump's tariff announcement to impose a 100% tariff on China has caused Bitcoin prices to flash crash from $122,000 to $102,000. In the crypto assets market, 1.65 million people were liquidated within 24 hours, totaling $19.2 billion, setting a new record for the highest amount in a single day. Ethereum saw a single liquidation of $203 million, and DOGE experienced a 50% slump. Trump's tariffs have triggered the darkest day in crypto asset history.

Nobel Peace Prize Snub Ignites Trump's Tariff Fury

The results of the Nobel Peace Prize have been announced, and U.S. President Trump missed out on the honor, which was awarded to Venezuelan opposition leader Maria Corina Machado. This “unexpected loss” not only enraged the White House, but Trump immediately vented his anger on China, announcing a 100% Trump tariff on China effective November 1.

This chain reaction directly impacted the global Crypto Assets market, leading to a flash crash. According to CoinGlass data, a total of 1,649,316 investors worldwide were Get Liquidated in the past 24 hours, with a total amount reaching 1.924 billion USD, becoming the most devastating multi-kill disaster in the crypto circle recently.

· Trump Tariff Timeline and Market Reactions

Trump's Tariff Policy Announcement Details:

Announcement Time: October 10

Effective date: November 1, 2025

Tariff rate: 100% on Chinese goods

Background reason: China's planned tough response to export controls on rare earths.

Political Background: The Outburst of Anger After Not Winning the Nobel Peace Prize

Trump's tariff announcement instantly pulled the US-China trade war back to the brink of fear, while also sinking all investment markets, including crypto assets. After 10 PM Beijing time on the 10th, the price of Bitcoin began to continuously decline from above $122,000.

Although outsiders associate the cryptocurrency crash with Trump missing the peace prize, experts point out that the real trigger for the market panic is Trump's renewed threat to impose a 100% tariff on Chinese goods. This move not only prompted China to quickly respond with countermeasures but also further tightened the global supply chain and liquidity.

Bitcoin price flash crash at 102,000 USD disaster site

(Source: Trading View)

After 10 PM Beijing time on the 10th, the price of Bitcoin began to continuously decline from above $122,000. By around 5 AM on the 11th, the BTC in the CEX spot market experienced a flash crash down to $102,000, with the CEX market briefly reaching $101,500. Ether also fell in sync, and investors' long positions were violently destroyed.

· Bitcoin Price Crash Data Full Record

Bitcoin Price Catastrophic Decline:

Starting point: $122,000 (10 PM on the 10th)

CEX lowest point: $102,000 (5 AM on the 11th)

Maximum drop: approximately 16.8% (drop of 20,000 USD)

Trump Tariff Trigger Time: Policy Announcement on the Evening of the 10th

Trump's tariff policy is seen as a tough response to China's control over rare earth exports, causing a general decline in global risk assets, with the cryptocurrency market becoming the first line of defense. Bitcoin's price plummeted to the level of 102,000 USD, marking the largest single-day decline in recent times.

Ethereum Crashes in Sync with Mainstream Crypto Assets

Ethereum dropped from the $4,350 level to the $3,450 range, with mainstream altcoins like Solana experiencing double-digit declines. Market conditions indicate that mainstream Crypto Assets have nearly all crashed:

Mainstream Crypto Assets Plummeting List:

Ethereum (ETH): from $4,350 to $3,450 (approximately 20% slump)

DOGE: Flash crash 50% Slump

PEPE: Plummeting

PENGU: Heavy Decline

ENA: Fell from 0.55 to 0.12 (a decline of about 78%)

FARTCOIN: Slumped from 0.59 to 0.09 (a decline of about 85%)

The panic sell-off triggered by Trump’s tariffs has turned the crypto assets market “green all over,” with traders describing it as “the darkest day in the history of the crypto circle.” The collapse in Bitcoin prices has led the entire crypto assets ecosystem into a panic selling mode.

1.65 million people Get Liquidated, evaporating 19.2 billion USD

(Source: Coinglass)

The Bitcoin price avalanche triggered by Trump's tariffs directly sparked a rare wave of liquidations in history. Coinglass data shows that approximately 1.4 million crypto assets traders were forced to close their positions within 12 hours, and a total of 1,649,316 investors were liquidated within 24 hours.

· Get Liquidated amount sets a new single-day record

Trump Tariff Triggered Get Liquidated Data:

Number of people getting liquidated in 12 hours: approximately 1.4 million

24-hour Get Liquidated count: 1,649,316 people

Total liquidation amount: 1.924 billion to 19 billion USD (data source varies)

Historical Ranking: Second Highest Amount of Get Liquidated in a Single Day

The wave of liquidation in crypto assets triggered by Trump's tariffs is actually a “rehearsal for the trade war” in the financial market, with panic spreading to all high-risk assets. The sharp decline in Bitcoin prices caught high-leverage traders off guard, creating a catastrophic spiral of forced liquidations.

· Leading Crypto Assets Become Get Liquidated Hotspots

The leading cryptocurrencies have become the main source of Get Liquidated, with the price crash of Bitcoin directly causing contract liquidation amounts to reach 5.3 billion USD; Ether stands at 4.36 billion USD.

Ranking of Get Liquidated Amounts for Various Crypto Assets:

Bitcoin (BTC): $5.3 billion ($1.105 billion to $5.3 billion)

Ethereum (ETH): $4.36 billion ($1.537 billion to $4.36 billion)

Solana (SOL): approximately 614 million USD

XRP: 432 million USD

Other Crypto Assets: Billions of dollars

After the announcement of Trump's tariff policy, the leveraged positions in the Crypto Assets market were liquidated like an avalanche, showing the market's extreme sensitivity to geopolitical risks. The price of Bitcoin, as a barometer of the Crypto Assets market, triggered systemic risks throughout the entire ecosystem.

The largest single Get Liquidated in history: $203 million ETH vanished

According to statistics, during this wave of Trump tariff行情, the largest single liquidation occurred in the Hyperliquid exchange's ETH-USDT contract, amounting to 203 million USD. The overall crypto assets market is a sea of “green”, with ETH and BTC liquidating 1.537 billion and 1.105 billion USD respectively, as funds in the crypto assets circle evaporated like an avalanche.

· The flight of safe-haven funds triggers a liquidity crisis

Analysts point out that the political uncertainty, liquidity contraction, and escalation of the trade war brought about by Trump's tariffs have led investors to collectively withdraw from high-risk assets. As a highly volatile asset, crypto assets have become the primary target for safe-haven funds to flee.

Characteristics of Liquidity Crisis:

Gas fees skyrocketed: a massive influx of transactions surged onto the chain and exchanges in a short time.

Exchange Delay: Some exchanges are temporarily offline.

Difficulty in Deposits and Withdrawals: This creates secondary risks for retail and institutional investors in their deposit and withdrawal operations.

Order book depth declines: large sell orders cannot find counterparties

The Bitcoin price crash triggered by Trump's tariffs has caused the liquidity of the crypto assets market to dry up instantly. This liquidity crisis has further amplified the extent of the price decline, creating a vicious cycle.

“Uptober” Becomes Bloodbath October

The “Uptober” that the crypto assets community originally anticipated (a seasonal pattern of rising in October) has completely shattered, as Trump's tariffs have turned October into a bloodbath month. The market even saw a single leverage position of 203 million USD in ETH liquidated all at once on Hyperliquid, setting an astonishing record for a single liquidation amount.

The bloody night in the Crypto Assets market saw a flash crash in Bitcoin prices that left traders wailing everywhere, with as many as 1.65 million people being liquidated, and the liquidation amount reaching as high as 19.2 billion USD. The impact of Trump’s tariff policy far exceeded market expectations, and the Crypto Assets market experienced one of the darkest 24 hours in history.

· Trump's tariffs are the last straw that broke the camel's back for crypto assets

Experts warn that the key to triggering panic in the Crypto Assets market is Trump’s renewed threat to impose a 100% tariff on Chinese goods. This move not only prompts China to quickly announce countermeasures but also tightens global supply chains and liquidity once again.

· Trade war rehearsal reveals the vulnerability of Crypto Assets

The recent liquidation wave in crypto assets triggered by Trump's tariffs is actually a “rehearsal for the trade war” in financial markets, with panic spreading to all high-risk assets. The crash in Bitcoin prices shows that the crypto assets market's resilience to macro political risks is far lower than expected.

Trump's Tariffs on Crypto Assets: Multiple Impacts

Hedge funds withdraw: Investors collectively flee high-risk crypto assets.

Liquidity Contraction: Global Monetary Tightening Affects the Depth of the Crypto Assets Market

Leveraged Liquidation: Bitcoin price drop triggers chain liquidation

Confidence Collapse: Trump's Tariff Uncertainty Hits Long-Term Crypto Assets Investors

Systemic Risk: The Transmission of Risks between the Cryptocurrency Market and Traditional Finance

If the US and China continue to exchange barbs, the price of Bitcoin may fall below $100,000, and a global capital flight may just be beginning. The final direction of Trump's tariff policy will directly determine the fate of the crypto assets market in the coming months.

Bitcoin price 100,000 USD becomes a key defense line

The flash crash in Bitcoin prices triggered by Trump's tariffs has reached $102,000. If it further breaks below the psychological level of $100,000, it could trigger a new round of panic selling. Participants in the crypto assets market are closely monitoring this critical price point, which will determine whether it's a short-term adjustment or the beginning of a long-term bear market.

Key Support Level for Bitcoin Price:

100,000 USD: Psychological barrier, holding it may provide a rebound opportunity.

$95,000: Technical Support Level

$90,000: If it falls below this level, it will trigger systemic panic.

The uncertainty of Trump's tariff policy has made Bitcoin price predictions extremely difficult. Cryptocurrency investors need to closely monitor whether Trump's tariffs are actually implemented on November 1, as well as China's countermeasures.

Panic Spreads in the Crypto Assets Market: What Will Be the Next Step?

After Trump's tariff policy was announced, the cryptocurrency market fell into extreme panic. The flash crash in Bitcoin prices is not only a technical adjustment but also a direct reaction to geopolitical risks.

· The Long-term Impact of the Escalation of the Sino-U.S. Trade War on Crypto Assets

This time, Trump's tariff storm could either be a “healthy deleveraging” in a bull market or become a longer-lasting shadow. The crypto assets market needs to wait for the following key events to become clear:

Key Variables Affecting the Crypto Assets Market:

November 1 Trump Tariff Implementation Status: Is the 100% Increase Real?

China's Countermeasures: Scope of Rare Earth Export Controls

APEC Summit Results: Did Trump and Chinese Officials Reach an Agreement?

Global Economic Data: The Impact of Trade Wars on the Real Economy

Federal Reserve Policy: Will Interest Rate Cut Plans Be Affected by Trump Tariff Adjustments?

If Trump tariffs are truly implemented comprehensively, the price of Bitcoin may face deeper adjustments. The correlation between the crypto assets market and the global economy has been thoroughly exposed in this event, and investors can no longer view crypto assets as independent assets decoupled from the macroeconomy.

Crypto Assets Investor Strategies

Short-term Response Recommendations:

Reduce Leverage: Avoid High Leverage Trading Amid Uncertainty of Trump Tariffs

Retain Cash: Reserve funds to cope with further declines in Bitcoin prices.

Stop Loss Setting: Strictly implement stop loss to avoid getting liquidated.

Follow the news: closely monitor Trump's tariffs and the progress of the China-U.S. trade war

Mid-term Investment Strategy:

Buy the dip in batches: If the Bitcoin price falls to the range of $95,000 to $100,000.

Avoid Shitcoins: Focus on Mainstream Coins During Panic Periods in the Crypto Assets Market

Wait for clear signals: Remain cautious before Trump's tariff dust settles.

Long-term holding: Investors who have confidence in the long-term value of crypto assets may consider dollar-cost averaging.

The recent crash of Crypto Assets triggered by Trump's tariffs has provided valuable risk education for all participants. Although the price of Bitcoin has plummeted, the fundamentals of Crypto Assets have not changed; what the market needs is time to digest the panic caused by Trump's tariffs.