Bitcoin’s $19 billion crash still shapes crypto risk a year later
Photo: Crypto Briefing
One year after the largest derivatives liquidation in crypto history, Bitcoin trades well below its peak and leverage concerns persist One year ago, a single tariff announcement erased more than $19 billion in leveraged crypto bets in about a day. It remains the largest derivatives liquidation episode the market has ever recorded. The trigger came from Washington, not from inside crypto. President Donald Trump announced a 100% tariff on Chinese imports, and markets that had been priced for good news suddenly had to reprice for a trade war. Crypto derivatives took the hit fastest.
Source: Crypto Briefing
