Crypto Market Recovers $190 Billion After Historic Crash
The global cryptocurrency market has regained approximately $190 billion in market capitalization over 24 hours, following a dramatic swing.
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 recovery comes after a policy shock on October 10, which included 100% tariffs on Chinese tech exports and tighter export controls on critical software, triggering the largest single-day drop in crypto history.
Nearly $19 billion worth of leveraged positions were liquidated, with altcoins absorbing the heaviest losses, while Bitcoin held up comparatively better during the chaos.
The global cryptocurrency market has staged a surprising recovery
Author's summary: Crypto market recovers $190 billion in a day.
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