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[Trump Tariff Tweet Triggers Market Turmoil, Bitcoin Plummets] VanEck released its October 2025 Crypto Monthly Review report, noting that at 10:41 AM Eastern Time on October 10, Trump tweeted about imposing a 100% tariff on all Chinese goods, causing significant volatility in the macro markets. The U.S. dollar surged, risk assets were sold off, and Bitcoin, as a highly liquid speculative asset, plummeted. Within less than 12 hours, approximately $19 billion in crypto futures positions were liquidated. Bitcoin prices on major exchanges fell below six figures, with smaller exchanges briefly dropping to around $100,000. By the end of the month, Bitcoin recovered to approximately $115,000, marking an overall decline of about 4–9%. Ethereum showed a similar trend, nearing its monthly low and declining by approximately 6%.