{"id":52308,"date":"2025-10-11T07:46:48","date_gmt":"2025-10-11T07:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52308"},"modified":"2025-10-11T07:46:48","modified_gmt":"2025-10-11T07:46:48","slug":"crypto-markets-massive-meltdown-what-we-know-and-whats-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52308","title":{"rendered":"Crypto Market\u2019s Massive Meltdown: What We Know and What\u2019s Next"},"content":{"rendered":"
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The events that transpired in the past day or so are not unusual in the ever-volatile cryptocurrency market, but they tend to harm certain traders more than others. While many felt the pain of being liquidated, others seem to profit.<\/p>\n

In the span of just 12 hours or so, the entire market went from a capitalization worth $4.120 trillion on TradingView to $3.3 trillion, which meant a wipe-out of almost $900 billion. This pushed the metric down to its lowest levels since July, erasing months of gains, before it recovered to $3.670 trillion as of press time.<\/p>\n

\"Crypto<\/a>
Crypto Market Cap. Source: TradingView<\/figcaption><\/figure>\n

What We Know<\/h2>\n

Whenever such crashes occur, the cryptocurrency community rushes to offer different views on the matter, trying to explain what happened and provide some insights on what might follow. The current collapse is no different, as Crypto X is full of various opinions and speculations on the matter, especially since it became<\/a> the single-largest liquidation event in the digital asset market.<\/p>\n

The most talked-about reason is, surprise, surprise, US President Donald Trump. In what felt like a deja vu, the POTUS alleged<\/a> China of deception in certain areas and threatened to impose a new set of tariffs on Friday, which triggered the first wave of market-wide declines. He made it official a few hours later, confirming that these tariffs will begin on November 1.<\/p>\n

The Kobeissi Letter, though, indicated that markets were \u201cLOOKING\u201d for a good reason to correct, given the massive amount of leverage, especially in crypto.<\/p>\n

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The blatant reality:<\/p>\n

Heading into President Trump\u2019s 100% China tariff announcement, markets were LOOKING for a catalyst to pull back on.<\/p>\n

Leverage was through the roof and we had not seen a 2%+ decline in the S&P 500 for 6 months.<\/p>\n

President Trump\u2019s post became THE REASON to\u2026<\/p>\n

\u2014 The Kobeissi Letter (@KobeissiLetter) October 11, 2025<\/a><\/p>\n<\/blockquote>\n