🚨 Crypto Crash Today: Market Loses $100 Billion in 3 Hours
The global crypto market plunged sharply today, wiping out over $100 billion in value within just three hours.
Bitcoin fell from $121,000 to $104,000, while Ethereum also saw heavy sell-offs.
The drop followed U.S. President Trump’s announcement of potential 100% tariffs on Chinese goods, sparking global market uncertainty.
Over $19 billion in leveraged positions were liquidated as automated sell-offs intensified the decline.
Analysts cite geopolitical tensions, leveraged trading, and investor risk aversion as key factors.
Despite the crash, experts expect a potential recovery later this year, with JPMorgan forecasting Bitcoin to hit $165,000 by year-end. Historically, October has been one of Bitcoin’s strongest months.
📉 Crypto remains volatile amid shifting global sentiment — but long-term optimism persists.
