Cryptocurrencies slide further after record $19 billion liquidation

Bitcoin, Ethereum and smaller cryptocurrencies extended losses on Sunday after record liquidations wiped out more than $19 billion in crypto trades, triggered by fresh US-China trade tensions following a new tariff announcement.

12 October, 20252 min
0
Cryptocurrencies slide further after record $19 billion liquidation

You may also like

Internet
Story image

What Havyn and Mantra’s crash means for crypto in the UAE

A trading platform was fined by the regulator for breaches and misconduct, and a popular token plummeted by 90%

Internet
Story image

What explains Abu Dhabi’s interest in Binance

After a long phase of controversies, the world’s largest cryptocurrency exchange just received a $2 billion investment from a prominent Emirati firm. Plus, Pokémon GO comes to the Gulf.