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Crypto traders blame Trump’s tariffs in search of ‘singular event’

Crypto retail traders attributed a recent decline in the broader crypto market to President Donald Trump's announcement of a 100% tariff on China. This behavior, described by sentiment platform Santiment as ‘rationalization,’ reflects a common tendency among retailers to seek a singular cause for significant downturns. Following the

Crypto traders blame Trump’s tariffs in search of ‘singular event’

Crypto traders have attributed the recent downturn in the market to US President Donald Trump's announcement of a 100% tariff on China, a common behavior among retail investors who seek singular events to explain market declines, according to the sentiment platform Santiment. The report noted a surge in

Worst Liquidation Event in Crypto History: Jonathan Man on What Happened and How

On October 11, 2025, a significant liquidation event in the crypto market led to an estimated loss of over $20 billion. Jonathan Man, a portfolio manager at Bitwise, described the event as the worst in crypto history, which saw bitcoin experiencing a rapid 13% drop within an hour. The rapid

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