Crypto Market Recovers $190 Billion After Historic Crash
Following a dramatic swing, the global cryptocurrency market has regained approximately $190 billion in market capitalization over 24 hours.
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 had been rocked 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.
- Bitcoin held up comparatively better during the chaos.
No direct quotes available in the text.
Author's summary: Crypto market recovers $190 billion in a day.
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