The Bitcoin crash shocked investors. October, which had offered hope for the cryptocurrency market, turned into a nightmare with sudden declines. Market value eroded rapidly, and uncertainty reigned.

Causes of the Bitcoin crash and market reaction

Trump’s announcement of 155% tariffs on China hit Bitcoin. The price fell from $112,000 to $107,000. This caused panic among investors, and selling increased.

The expectation of a Fed interest rate cut and the easing of Middle East tensions had created hope. However, suspicions about a Trump-CZ partnership eroded confidence. Market makers triggered a second wave of crashes.

The cryptocurrency market fell from $4.3 trillion to $3.64 trillion. $800 billion was lost. Wallets linked to the Trump family made $300 million in profits. This situation dims the future.

However, investors are looking for signs of recovery. Volatility will remain high in the short term. Experts advise cautious action.

Furthermore, these events could accelerate the sector’s maturation. Regulation is on the agenda. The market is searching for a new equilibrium.

So, what are your thoughts on the Bitcoin crash? Share your thoughts with us in the comments!