Crypto Market Recovery
The global cryptocurrency market has regained approximately $190 billion in market capitalization over 24 hours, following a historic crash.
As of October 13, total crypto assets stand near $4.019 trillion, up from $3.83 trillion the previous day, according to data from CoinMarketCap.
The market crash was 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.
The policy shock sent shockwaves through global markets, triggering the largest single-day drop in crypto history.
Author's summary: Crypto market recovers $190 billion after crash.
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