🔴On the night of October 21, 2025, Bitcoin dropped below $108,000 after briefly climbing above $111,000. The decline triggered massive futures liquidations — according to CoinGlass, traders lost more than $335 million in a single day. Among the top 10 cryptocurrencies by market capitalization, BNB suffered the largest decline, falling by about 5.7%.
🔴Jeff May, COO of BTSE, attributed the current market volatility to macroeconomic uncertainty and rising U.S.–China trade tensions. He noted that investors remain cautious ahead of the upcoming meeting between Donald Trump and Xi Jinping in South Korea, advising portfolio diversification as protection against sharp market swings.