Crypto bloodbath as market wipes out $400 billion in 24 hours

Crypto Market Sees Significant Decline

The global cryptocurrency market has experienced a significant downturn, wiping out approximately $410 billion in market capitalization over the past 24 hours. This decline is one of the steepest in 2025, with the total market value dropping from $4.15 trillion to $3.74 trillion.

The selloff occurred amidst a surge in macroeconomic and geopolitical uncertainty, causing investors to flee from risk assets.

More than $5.6 billion in leveraged long positions were liquidated within a single day
, further exacerbating the market's decline.

This correction extends a week-long decline in both Bitcoin and Ethereum, as well as other major altcoins.

Author's summary: Crypto market loses $400 billion in 24 hours due to uncertainty.

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Finbold Finbold — 2025-10-11

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