Market noise: $19.27 billion in Bitcoin liquidated!

Market noise: $19.27 billion in Bitcoin liquidated!

On October 11, 2025, the Bitcoin and crypto markets experienced the largest daily liquidation event in history, with an unprecedented volume of $19.27 billion in 24 hours, as Daily Hodl reported. These liquidations surpassed even the most severe previous events, including the collapses of Terra Luna, FTX and the impact of the COVID-19 pandemic.

The reasons for this dramatic decline are numerous and complex. A key factor is the worsening geopolitical situation, which has a strong impact on the financial markets. In this context, President Trump's announcement of a 100% tariff on all Chinese imports from November 1, 2025 marked a turning point. This measure follows existing 30% tariffs and is interpreted as a direct response to China's export controls on rare earths.

Market reactions

The newly imposed tariffs led to a notable decline in global stock markets. The Dow Jones fell nearly 900 points, a decline of 2.1%. The S&P 500 fell 2.7%, while the Nasdaq fell by 3.5%. Asian markets also suffered from this development: the Hang Seng Index in Hong Kong fell 4.2%, the Nikkei Index in Tokyo fell by 3.1% and the Shanghai Composite Index lost 2.8%.

Investors are concerned about possible retaliation from Beijing. These uncertainties are causing the markets to tremble and are making the already tense situation worse. The combination of geopolitical tensions and the dramatic liquidations in the crypto market presents an unprecedented challenge.

Market reaction to the tariff announcement and liquidations highlight the fragility of the current economic environment. The coming months could bring further volatility as both the financial and political arenas continue to be characterized by uncertainty. Analysts warn that the situation remains unstable and further liquidations are possible as long as uncertainties in trade policy are not resolved.