10 October Midnight Crash!
Prices crashed violently tonight around 09.00-09.300 PM. Some altcoins, even on major exchanges like Binance, fell over 99%. Most have since recovered but still trade 20–40% below their daily highs. All altcoins dropped sharply as BTC plunged from 120K to 100K in just 15 minutes like a perfectly synchronized orchestra 😅
Trump’s new tariff announcements appear to have been a key catalyst.
Early data indicates this was the largest single liquidation event ever, with about $10B wiped across perpetual exchanges. Even 2x leverage traders were completely rekt.
$XRP crashed from $2.8 to $1.25 on Binance, and $ATOM briefly touched $0.001 before rebounding.
Many users reported Coinbase and Binance app outages, unable to deposit or buy during the chaos.
