The crypto market suffered another historic crash when former U.S. President Donald Trump announced a 100% tariff on all Chinese tech imports.
Just hours later, the entire crypto market suffered a $19 billion wipeout—as if someone had taken the wind out of the sails.
Bitcoin (BTC) fell by 7% and started trading around $122,498, followed by a massive dip in the market that created panic and anxiety among every investor, leading to the death of many investors in this crypto market crash and many people’s portfolios being wiped out in this crypto crash, while Ethereum (ETH) also fell by 6%.
Altcoins that rallied last week—Solana, XRP, and Cardano (ADA)—also saw double-digit declines.
Altcoins that rallied last week—Solana, XRP, and Cardano (ADA)—also saw double-digit declines.
Market Panic, Traders Shocked!
It was another sleepless night for crypto investors, and it happened overnight; as I was watching the market overnight, the market plunged on October 11th.
After Trump’s announcement, traders began panic-selling. Some exchanges even experienced network congestion as people dumped their assets.
A U.S. trader tweeted:
“We all know the risks in crypto, but we didn’t expect such a big dip after a political statement.”
Trading volume on Indian exchanges also suddenly increased—people were either selling their holdings or dip-buying.
According to NDTV Ukraine, a trader was found dead after the crypto crash.
According to NDTV Ukraine, a trader was found dead after the crypto crash.
Expert Opinion: “Short-Term Fear, Long-Term Opportunity”
Market experts say this crash is mostly a fear-based reaction.
Trade war news brings short-term volatility, but for long-term investors, these dips are entry opportunities.
Trade war news brings short-term volatility, but for long-term investors, these dips are entry opportunities.
An Indian crypto analyst told FastCryptoBuzz:
“This crash is driven by global sentiment. If you are a long-term investor, this is a time for strategy, not fear.”
If the market calms down and the actual impact of the tariffs is limited, both Bitcoin and Ethereum could begin recovering within 2–3 weeks.
And we have one plus point: I’ve observed that whenever Bitcoin falls, it tends to recover very quickly.
My Opinion on This Bitcoin Crash
Honestly, I believe this sudden crash is simply the result of panic selling. When the market began to fall overnight, traders triggered stop losses—causing an even bigger dump. But if you’re a long-term investor, this is a golden opportunity to buy into the dip.
I personally believe this crash is a short-term correction, as the market has shown strong recoveries after all the major dips that have occurred since the halving. If whales intentionally pushed the price down, we could see another bounce in the next few days.
I myself was tracking the market closely when there was a huge dip in BTC and ETH on 11th October at 2:57 am, and if the volume increases, then this dip is almost sure to be recovered by 13th October at that time at $115,028 BTC.
What's the future?
All eyes are now on Trump’s next economic announcement.
FUD (Fear, Uncertainty, Doubt) is reaching its peak in the crypto market, but this is the time when experienced investors quietly accumulate.
Those who engage in short-term panic selling suffer losses in every crash.
But for those who hold long-term, every crash is a hidden golden opportunity.
But for those who hold long-term, every crash is a hidden golden opportunity.
And I believe that even if a beginner wants to invest, the best time to buy is during a dip, because after every dip, the market recovers and returns to positivity.
Final Words:
This moment in October 2025 will be remembered—when a political decision unleashed a tsunami in the global crypto market.
Now it remains to be seen whether Bitcoin and altcoins recover from this shock or see further corrections in the coming days.
There is only one rule in the crypto market: “Patience Pays More Than Panic.”
Muddu – Crypto Enthusiast & Analyst
Muddu has been actively involved in the crypto world for more than 3 years, closely tracking Bitcoin, altcoins, and emerging blockchain projects. With hands-on experience in crypto trading, market analysis, and following global regulations, he simplifies complex crypto trends into easy-to-understand insights for readers.
Through FastCryptoBuzz, Muddu aims to bring honest, research-driven, and timely crypto updates that help readers stay ahead in the fast-moving digital asset space. His mission is to make crypto knowledge accessible to everyone – from beginners to seasoned investors.
“Crypto is not just about coins, it’s about building the future of finance.” – Muddu