Trump’s tariff remarks send shockwaves through the cryptocurrency market, while Bitcoin mining stocks bounce back!
What happened during the “Crypto Black Friday” crash?
With $320 million inflows, will cryptocurrency funds overcome the adversity?
An accused HyperLiquid whale denies insider trading in Trump-related stocks!
A huge $200 million win: A man who perfectly read Trump’s tariff remarks makes a big short!
Let’s analyze the news on the global economy and cryptocurrencies and consider economic trends together! Tuesday, October 14th: We’ll be discussing today’s cryptocurrency news and on-chain market conditions.
This program brings you the latest news to help you with your asset building. Let’s start with a 24-hour data headline from the cryptocurrency market.
Let’s start with the “Bitcoin mining stock rally triggered by Trump’s tariff remarks.”
Last weekend, the market was thrown into turmoil when former President Trump hinted at new tariffs. This triggered a chain reaction known as “Crypto Black Friday,” causing many cryptocurrency-related stocks to plummet. However, amid the chaos, Bitcoin mining stocks managed to bounce back.
This was due to a temporary remission of concerns about rising costs due to tariffs, improving investor sentiment. In the past, certain mining stocks have tended to perform relatively well during times of geopolitical risk or policy announcements. This time was no exception, with market participants noting that “expectations for the Bitcoin mining business remain strong despite the uncertainty.”
Next, we’ll discuss the weekend liquidation known as “Crypto Black Friday.”
This phenomenon primarily occurred in the futures trading market, where a simultaneous influx of sell orders caused prices to plummet. Investors heavily engaged in leveraged trading were particularly affected.
This type of crash was also observed in 2017 and 2021 and is believed to be the result of a combination of market sentiment and position adjustments. Market participants are similarly analyzing this as a “correction to overheated buying positions.”
Despite these short-term fluctuations, cryptocurrency funds saw an inflow of $320 million. This could be seen as evidence that some investors saw this as an opportunity to pick up at the bottom.
Of particular note here are the allegations against a group of major investors at Hyper Liquid.
The group has been reported to have engaged in insider trading in Bitcoin mining stocks related to Trump, but they have strongly denied the allegations.
Demands for transparency and stricter regulations remain strong in the market, so this matter will likely remain closely watched.
Finally, there’s the topic of “The Big Short,” which made a profit of approximately $200 million immediately after Trump’s tariff remarks.
One investor accurately read the timing and made a huge profit through large-scale short selling. This move shocked market participants and is attracting attention as a “classic example of the connection between political risk and market strategy.”
Now, given this series of developments, let’s consider market sentiment and the economic impact.
First, there are still many unstable factors in the market, and caution against uncertainty is strong.
Second, at the same time, capital inflows and rebounds in certain sectors indicate solid demand and confidence.
Third, short-term volatility is inevitable due to sensitivity to political rhetoric and regulatory risk.
When making investment decisions under these complex circumstances, information gathering and risk management will be more important than ever. Looking back at history, we must not forget that cryptocurrencies have often soared after such crashes.
That concludes today’s news highlights. Our channel provides in-depth, specialized features focusing on valuable news in the cryptocurrency world. If you find this channel valuable, please share, follow, and turn on notifications.
Until tomorrow.
