Crypto’s Black Friday Was Its Largest Liquidation Ever. What the Hell Happened?
After Trump posted that the U.S. would impose tariffs on China, all hell broke loose.
Posted October 12, 2025 at 1:30 pm EST.
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When Trump tweeted about 100% tariffs on China, crypto collapsed — $19 billion in liquidations in just hours.
Altcoins plunged 95%, exchanges froze, and stablecoins depegged. In this special episode, Diogenes Casares, founder of Klyra Protocol, joins Laura to break down the chain reaction: what really caused the crash, whether insiders knew it was coming, and how…
