Posts

Showing posts with the label cryptocurrency surge

Crypto market adds $190 billion in a day after historic crash

Image
Following one of the most dramatic swings of 2025, the global cryptocurrency market has staged a surprising recovery, regaining approximately $190 billion in market capitalization over 24 hours. As of October 13 (GMT+2), total crypto assets stand near $4.019 trillion, up from $3.83 trillion the previous day, as per data retreived by Finbold from CoinMarketCap. 1-day crypto market cap. Source: Coingecko On October 10, the market was rocked by the announcement of sweeping new U.S. trade measures that included 100% tariffs on Chinese tech exports and tighter export controls on critical software. The policy shock sent shockwaves through global markets, triggering the largest single-day drop in crypto history. Nearly $19 billion worth of leveraged positions were liquidated, with altcoins absorbing the heaviest losses. Bitcoin, while not immune, held up comparatively better during the chaos. By October 12, total market cap was sat at $3.83 trillion, but traders quickly s...