According to @ag_dwf, the latest crypto market crash was not driven by fundamentals like the FTX collapse but by a tariff announcement that triggered leveraged liquidations, draining market liquidity (source: @ag_dwf on X, Oct 11, 2025). He adds that Bitcoin (BTC) and fundamentally strong projects could recover soon as liquidity returns, highlighting a liquidity-driven, not solvency-driven, drawdown (source: @ag_dwf on X, Oct 11, 2025).

According to @KobeissiLetter, President Trump announced tariffs on 185 countries simultaneously, marking one of the largest tariffs in U.S. history. This announcement led to the S&P 500 futures erasing $2 trillion in market cap within 15 minutes, indicating significant market volatility and potential trading opportunities.

According to The Kobeissi Letter, stock market futures dropped 2% in just 45 seconds after President Trump announced new tariff rates. This sudden decline highlights the market's sensitivity to trade policy changes and underscores the potential for heightened volatility in trading sessions. Traders are advised to monitor further developments and assess the impact on related sectors.

According to Crypto Rover (@rovercrc), the Spot Bitcoin ETFs experienced a substantial outflow of $157.8 million yesterday, while Spot Ethereum ETFs saw a $3.6 million outflow. This movement indicates that institutions are reducing their risk exposure ahead of the anticipated tariff announcement today. Such outflows can impact the liquidity and pricing stability of these ETFs, potentially affecting market dynamics.