Crypto Market Recovers $190 Billion After Historic Crash
The global cryptocurrency market has staged a surprising recovery, regaining approximately $190 billion in market capitalization over 24 hours.
As of October 13, total crypto assets stand near $4.019 trillion, up from $3.83 trillion the previous day, according to data retrieved by Finbold from CoinMarketCap.
The market recovery follows a dramatic crash triggered by the announcement of new U.S. trade measures, including 100% tariffs on Chinese tech exports and tighter export controls on critical software.
- Nearly $19 billion worth of leveraged positions were liquidated.
- Altcoins absorbed the heaviest losses, while Bitcoin held up comparatively better.
No direct quote available.
Author's summary: Crypto market recovers $190 billion in a day.
More News
- Trump Has Merged the War on Gangs and Immigration. Tennessee Shows How.
- UVA faculty rejects Trump administration's Compact for Academic Excellence
- I Loaded 8,000 Pounds Of River Rock In My Rivian R1T Trailer With Negative Tongue Weight And When It Started Violently Swaying At 70 MPH, The Electric Truck's Low Center Of Gravity Saved Us From Disaster
- Liberty Hall to reprise its role as an opera house for centennial anniversary screening with live piano accompaniment
- The most dangerous intersections in Los Angeles
- Plasma resilience: Europe’s lifeline — and why we must strengthen it now
- Celebrate German culture and cuisine at Zeeco Oktoberfest in River West this week
- Brendan Gallagher: Furious little bull who was as hard as nails
- Perfect Pitch: The Life of a Showgirl
- Fight for public opinion continues as both sides dig in on shutdown