A Binance pricing failure collided with Trump’s tariff threat, wiping out $19 billion in leveraged crypto positions.
A combination of factors converged into a perfect storm on Friday, triggering the cryptocurrency industry’s largest liquidation event in history and briefly sending Bitcoin (BTC) below $110,000.
The $19 billion in liquidations doesn’t mean investors … [7651 chars]
Source: Cointelegraph | Published: 2025-10-13T13:43:47Z
Credit: Cointelegraph
