🚨 BIG BREAKING Altcoin season will start next week. DO | Professor Of Information - BTC_CRYPTO on Binance Square

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Professor Of Information - BTC_CRYPTO

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🚨 BIG BREAKING 
Altcoin season will start next week.  
DO. NOT. SELL.

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📆 Crypto Market Update - October 11th, 2025 Hi Hi! 👋 Yesterday saw the biggest liquidation in crypto’s history with $19 billion in positions wiped out 💥. For context, a large wipeout is usually around $2–3B, so this one was headline worthy. It kicked off after Trump announced 100% tariffs on Chinese goods from Nov 1 🇺🇸, right after China said it would restrict exports of rare-earth metals used in chips and clean energy ⚡. This led the market into full panic mode 😱, with traders dumping positions at any price they saw. BTC tanked around 10% in a day, falling below $110k, while altcoins lost 20–30%. Only gold-backed tokens like PAXG and XAUT held up 🪙. Even market makers, who normally keep trading smooth, pulled back to manage risk and focus on balancing out prices between spot and futures market. With fewer buyers, prices had more room to fall, contributing to the downward pressure. What’s next? 🤔 We can’t expect a quick recovery. Confidence will rebuild slowly, but eventually. Market makers and large buyers will start picking up cheap positions 💰 and feed them back into the market, helping liquidity return and prices find a new floor. But with this reignited U.S.-China trade war 🔥, the timeline for a bounce-back is uncertain. Let’s just say Uptober came early and ended even quicker💨.

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JUST IN: 🟠 Richard Teng: says the company will learn from what happened" and is committed to doing better. I'm truly sorry to everyone who was impacted. Yi He: Binance co-founder says users who suffered losses attributable on the exchange can request compensation.

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JUST IN: 🇪🇺 European Sovereign wealth fund just added Bitcoin exposure through a Bitwise ETF.

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🚨 BREAKING: Tragic news as Ukrainian crypto influencer Kostya Kudo has passed away following the brutal market crash.

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🚨 BREAKING: The Nobel Peace Prize Committee has launched an internal investigation following predictions made by Polymarket, which accurately forecasted the winner hours before the official announcement. This raises serious questions about transparency and market influence. Stay tuned for updates.

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