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15 Oct 2025

Crypto News Weekly: Crypto Crash Wipes Out $19 Billion!

Crypto News Weekly: Crypto Crash Wipes Out $19 Billion!Whoa, that crypto crash hit like nothing I’ve seen, $19 billion gone in a flash after President Trump’s 100% China tariff bomb. Bitcoin dipped to $104K, Ether to $3,436, altcoins like DOGE and AVAX got hammered 60-70%. But here’s the twist: Recoveries are kicking in. BTC’s back at $115K, flows holding strong as investors rotate from alts. BitMine? They grabbed 202K Ethereum for $827M over the weekend, talk about buying the fear! And XRP? Bouncing 6.75% to $2.56 after a $610M liquidation nightmare. Sentiment’s in the gutter for alts (90% below trends), but analysts scream “capitulation buy.” I break it down, what sparked the chaos, why institutions are pouncing. Remember that pit in your stomach from 2022’s bear? This feels eerily similar, but with a silver lining: Resets breed booms.

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