The October 2025 crypto crash resulted in a loss of nearly $19 billion in 24 hours, triggered by Donald Trump's tariff escalation on China.
Bitcoin's value fell below $108,000 due to leverage, liquidity failures, and market panic, exposing vulnerabilities in digital assets.
The crash drew comparisons to the market turmoil of March 2020, but this time the catalyst was geopolitical.
What began as an ordinary trading day quickly turned into one of the most devastating collapses in digital market history.
Author's summary: Crypto market crash loses $19 billion in 24 hours.