Crypto Black Friday Aftermath: Panic, Puts, and Hidden Risks
Update: 2025-10-13
Description
Black Friday crypto crash! Trump's tariffs triggered a $20 billion wipeout, sending Bitcoin plummeting and traditional markets reeling. Panic selling and vanishing liquidity amplified the chaos, leading traders to seek protection against further drops. Despite a slight recovery, analysts warn of hidden risks, particularly the market's reliance on Binance for stablecoin flows. Volatility remains high, and traders are bracing for more potential downside amid global political uncertainty.
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