Bitget App
Trade smarter
News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Digest（October 11）｜Trump Announces 100% Tariffs on China, Triggering Market Turmoil; Crypto Industry Liquidations Exceed $19.1 Billion in 24 Hours, Setting New Record.2Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist3US–China Tariff Fears Hit Bitcoin Treasury Stocks
US-China Tariff War: Can the Crypto Market Survive a New Trade War?
Tariffs have reignited the US-China trade war, causing trillions in stock market value to evaporate and shaking global markets.
Cryptoticker·2025/10/11 09:51
Is this the real reason behind the $20 billion liquidation in the crypto market?
律动BlockBeats·2025/10/11 09:50
Can $55M Leverage Support Keep Ripple (XRP) Above the $2.50 Mark?
Analyzing the Role of Bullish Traders in Defending Key Support Levels Amid Market-wide Liquidations
Coineagle·2025/10/11 07:00
ALICE Breaks Falling Wedge as Price Surges 10% to $0.3744 — Resistance Ahead at $0.3926
Cryptonewsland·2025/10/11 04:24
XRP Trades at $2.80 as Bulls Defend $2.79 Support, Eyes Set on $2.92 Resistance Zone
Cryptonewsland·2025/10/11 04:24
Aurelion Treasury Debuts with Tether Gold Reserves
Aurelion Treasury launches on Nasdaq, backed entirely by $150M in Tether Gold (XAUT) reserves.Why Tether Gold?Institutional Momentum in Tokenized Assets
Coinomedia·2025/10/11 04:12
$400B Wiped from Crypto Market in 6 Hours
Over $400 billion erased from the crypto market in just 6 hours, causing panic among investors and traders.What’s Behind the Massive Drop?Caution Advised as Volatility Returns
Coinomedia·2025/10/11 04:12
Flash
- 09:52Analyst: This crash may be a cycle-ending event, and many altcoin projects may never recover from failure.According to ChainCatcher, DeFiance Capital researcher Kyle posted on social media that, judging from the current market sentiment, the last time we saw a situation like this was during the collapse of FTX or Celsius. This plunge can basically be considered a cycle-ending event, yet this time BTC and ETH have remained remarkably stable. The evolution of the crypto industry complex is truly astonishing, but altcoins are clearly repeating the same tragedy—despite my repeated warnings over the past few months, I never expected it to be this brutal. In short, this may not be the "best" time to bottom fish, but it is definitely the time when you "should" be buying the dip. Extreme panic has already been released, and the market is building a bottom, although there may still be room for further downside. Looking at the bigger picture, we are definitely closer to the bottom than to the top. Asset selection is crucial at this moment, as many projects may never recover their vitality.
- 09:51Suspected Bitmine new wallet increases holdings by 33,323 ETH, worth over $120 millionAccording to a report by Jinse Finance, monitored by Lookonchain, major cryptocurrency holders and institutions continue to accumulate ETH (Ethereum) during the market crash. Two new wallets (suspected to belong to Bitmine) withdrew 33,323 ETH (Ethereum) worth 126.4 millions USD from FalconX and an exchange.
- 09:42The Chinese meme token "Hakimi" surpasses $87 million in market capitalization, with a 24-hour increase of 160%According to ChainCatcher, data from GMGN shows that the Chinese-named meme token "哈基米" has surpassed a market capitalization of $87 million, currently reported at $78 million, with a 24-hour increase of 160% and a 24-hour trading volume of $63 million. ChainCatcher reminds users that most meme coins have no real use cases, their prices are highly volatile, and investment should be approached with caution.