Crypto Market Recovers $190 Billion in a Day
The global cryptocurrency market has staged a surprising recovery, regaining 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 recovery follows a historic crash triggered by the announcement of new U.S. trade measures, including 100% tariffs on Chinese tech exports and tighter export controls on critical software.
On October 10, nearly $19 billion worth of leveraged positions were liquidated, with altcoins absorbing the heaviest losses, while Bitcoin held up comparatively better.
The policy shock sent shockwaves through global markets, triggering the largest single-day drop in crypto history.
- Total crypto assets: $4.019 trillion
- Previous day's total: $3.83 trillion
- Leveraged positions liquidated: $19 billion
Author's summary: Crypto market recovers $190 billion after historic crash.
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