Massive sell-off causes over $7 billion in liquidations, exposing crypto's structural weaknesses during volatile trading.

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	Forwarded this email? Subscribe here for more Bitcoin’s whipsaw to 101k wipes out $7B in leveraged positions Massive sell-off causes over $7 billion in liquidations, exposing crypto's structural weaknesses during volatile trading. CryptoSlate Oct 11   READ IN APP   Happy Saturday! Bitcoin’s sharp move to $101,000 triggered over $7 billion in liquidations, exposing cracks in the crypto market amid heightened volatility. At the same time, a tariff threat from President Trump against China caused Bitcoin to tumble 7%, wiping out $9 billion in liquidations and fueling uncertainty. Despite the turbulence, strong ETF inflows and shrinking exchange supply raise the possibility of Bitcoin reaching $150,000, challenging the narrative of a purely speculative rally. The global crypto market cap is $3.75 trillion, with a 24-hour volume of $524.6 billion. The price of Bitcoin is $112,450.83, and BTC market dominance is 59.7%. The price of Ethereum is $3,837.38, and ETH market dominance is 12.3%. The best-performing sector is Business Service, which gained 241%. The Crypto Fear & Greed Index is currently Extreme Fear (27). 📰 Top News Bitcoin’s whipsaw to 101k wipes out $7B in leveraged positions Massive sell-off causes over $7 billion in liquidations, exposing crypto’s structural weaknesses during volatile trading. Trump tariff threat against China causes Bitcoin to crash 7%, $9B in liquidations Trump accused China of attempting to monopolize rare-earth elements and announced plans for a massive increase of tariffs on Chinese products. Can Bitcoin really reach $150K, what would it take? Staggering ETF inflows and exchange supply reduction hint at Bitcoin’s march toward $150,000 without speculative mania. 🗞️ More News If the debasement trade would catapult Bitcoin, why is the market down? Strategy’s Bitcoin mNAV collapses to 1.174, lowest since February 2024 How ERC-8004 will make Ethereum the home of decentralized AI agents Why Kalshi’s $5B valuation puts Polymarket on notice CZ says Aster’s privacy beats Hyperliquid’s transparent order books Abnormal Polymarket bets on potential Nobel Prize winner cause Norway to launch probe Are You Missing Signals That Don’t Make the News? Sign up for the free Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha. I'm Ready to Join What is CryptoSlate? CryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments? Get in touch with us here. Connect with Us Telegram • X • Google News • LinkedIn • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe