The reasons behind Bitcoin's Massive Crash - October 10th 2025
Bitcoin holders woke up to a brutal reality check on October 10, 2025, as the world's leading cryptocurrency plunged from around $121,000 to as low as $105,000—a stomach-churning drop of over $15,000 in a matter of hours. What makes this crash particularly noteworthy isn't just the magnitude, but the speed and the catalyst: a single Truth Social post from President Donald Trump announcing a 100% tariff on Chinese imports, effective November 1st. For an asset that many have championed as "digital gold" and a hedge against political chaos, Bitcoin's violent reaction to geopolitical tensions reveals an uncomfortable truth—crypto still trades more like a high-beta tech stock than a safe haven.
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