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Bitcoin Price Never Recovered From the $19B Crash That Hit a Year Ago

Bitcoin Price Never Recovered From the $19B Crash That Hit a Year Ago

Photo: Bitcoin.com News

One year after more than $19 billion in leveraged crypto bets were wiped out in a single night, bitcoin sits about 34% below the record it set four days before the crash. On Oct. 10, 2025, President Trump announced a 100% tariff on Chinese imports and what followed was the largest liquidation event crypto has ever recorded, with over $19 billion in leveraged positions forcibly closed and more than 1.6 million trading accounts liquidated.

Source: Bitcoin.com News

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