🚨 Crypto Market Update – October 12, 2025
The cryptocurrency market experienced high volatility today following U.S. President Donald Trump’s announcement of a 100% tariff on Chinese imports, triggering widespread sell-offs.
📉 Market Overview:
• Bitcoin (BTC): Trading at $111,746, intraday low: $109,743, intraday high: $112,578.
• Ethereum (ETH): Priced at $3,836.14, intraday low: $3,659.46, intraday high: $3,857.93.
• Solana (SOL): Fell nearly 20%, low: $165.80, now at $178.72.
• XRP: Dropped over 22%, low: $0.77, now at $2.3964.
💥 Record Liquidations:
• Over $19 billion wiped out across major cryptocurrencies.
• Bitcoin and Ethereum alone accounted for $5.34B and $4.39B in liquidations.
🏦 Institutional Impact:
• Despite the crash, Bitcoin ETFs saw a $2.7 billion weekly inflow, showing sustained institutional interest.
🔮 Market Outlook:
• Analysts suggest Bitcoin could reach $140,000 if market sentiment stabilizes.
• Short-term caution advised due to geopolitical tensions and volatility.
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