List of Flash News about rare earth export restrictions
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2025-10-13 19:53 |
Crypto Markets Erase $1 Trillion in 24 Hours on China Rare Earth Curbs and 100% Tariff Shock; $20B BTC, ETH, SOL Liquidations
According to @MilkRoadDaily, roughly $1 trillion in crypto market capitalization was wiped out in a single day due to a macro shock rather than hacks or protocol failures, source: @MilkRoadDaily. @MilkRoadDaily reports that China suddenly restricted exports of rare earth minerals, and hours later Donald Trump announced 100% tariffs on Chinese goods, reigniting trade-war fears and sparking the largest risk-off move since 2022, source: @MilkRoadDaily. Within 24 hours, over $20 billion in leveraged positions were liquidated across major exchanges as BTC, ETH, and SOL sold off in sync amid cascading margin calls, source: @MilkRoadDaily. A follow-up statement from Trump eased market stress; with leverage flushed, buyers returned and BTC reclaimed its price from two weeks prior with ETH following, source: @MilkRoadDaily. |