Tariff threat triggers crypto flash crash and liquidations across the market

Wintermute, a major player in the crypto market, has adopted a bullish outlook as it sees positive shifts in the economic landscape. In a recent update, the firm highlighted that easing inflation and improving relations between the US and China are boosting market confidence. This renewed risk appetite is reflected in Bitcoin's impressive rise to $115k, driven by ETF inflows and a decrease in market volatility. This news is significant as it suggests a potential recovery in the crypto market, attracting more investors and signaling a more favorable environment for trading.

Solana's price is currently stuck below the $200 mark, trading at $194.22 after a 4.33% drop today, even as ETF discussions dominate the market. This situation highlights the uncertainty investors face as they await a new catalyst to drive prices higher. Understanding Solana's performance in this context is crucial for those looking to navigate the volatile cryptocurrency landscape.

Crypto traders are anxiously awaiting Fed Chair Jerome Powell's speech following the FOMC meeting today. The anticipation comes as the total crypto market cap has decreased by 1.2%, now sitting at approximately $3.9 trillion. This speech could provide insights into future monetary policy, impacting market sentiment and trading strategies.

President Trump's recent pardon of Binance founder Changpeng Zhao has ignited significant backlash, particularly among Senate Democrats who are now calling for a federal investigation. They argue that this decision exemplifies dangerous political favoritism, raising concerns about the integrity of the justice system. This situation is crucial as it highlights the ongoing tensions between political power and accountability, and it could have implications for future pardons and the regulatory landscape surrounding cryptocurrency.

CoinShares has introduced a new exchange-traded product (ETP) for Toncoin, which is associated with the Telegram platform. This launch comes at a time when the market capitalization of TON has fallen below $6 billion, reflecting a significant decline of nearly 60% this year. The move by CoinShares highlights their commitment to providing investors with exposure to emerging cryptocurrencies, even amidst market volatility. This development is noteworthy as it indicates ongoing interest in the TON ecosystem despite its recent struggles.

The recent recovery in the cryptocurrency market has sparked optimism for Solana, which briefly surged above $200 before facing some resistance. Despite the pullback, analysts remain bullish, suggesting that there are indicators to watch for a potential rally above $230. This is significant as it reflects the resilience of Solana amidst market fluctuations and could signal a strong buying opportunity for investors.

The article discusses the challenges posed by fragmented liquidity in the cryptocurrency market and emphasizes the need for improved infrastructure that can provide unified liquidity while maintaining decentralization principles. This is crucial as institutions are expected to drive change in the industry, ultimately benefiting users and enhancing market stability.

Seven Senate Democrats are raising concerns over President Trump's recent pardon of Binance co-founder Changpeng Zhao, labeling it as a corrupt action. This demand for clarification from the US Attorney General and the Department of Justice highlights the ongoing scrutiny of political decisions that may intertwine with financial interests, emphasizing the need for transparency in governance.

Wintermute, a major player in the crypto market, has adopted a bullish outlook as it sees positive shifts in the economic landscape. In a recent update, the firm highlighted that easing inflation and improving relations between the US and China are boosting market confidence. This renewed risk appetite is reflected in Bitcoin's impressive rise to $115k, driven by ETF inflows and a decrease in market volatility. This news is significant as it suggests a potential recovery in the crypto market, attracting more investors and signaling a more favorable environment for trading.

Helius has made a significant breakthrough in how Solana manages its historical data, introducing a new archival backend and a streamlined RPC method that simplifies data retrieval. CEO Mert Mumtaz emphasized the importance of this change, stating it marks a transformative moment for Solana, potentially enhancing its efficiency and user experience. This development is crucial as it addresses long-standing data challenges, paving the way for improved performance and scalability in the blockchain space.

Fedi has made a significant leap in the Bitcoin space by introducing Multi-Sig Guardians for federated Bitcoin e-cash mints. This innovation not only enhances security but also promotes scalability, allowing more users to engage with Bitcoin in a safer manner. As the cryptocurrency landscape evolves, Fedi's advancements could play a crucial role in making Bitcoin more accessible and trustworthy for everyday transactions.

Bitcoin is currently trading at around $113K, showing signs of stability and potential growth, especially with the upcoming US Fed meeting. Bitcoin Hyper's recent $25.1 million fundraiser aims to tackle the cryptocurrency's fundamental issues, such as slow transactions and limited utility. This initiative is significant as it could enhance Bitcoin's functionality and appeal, potentially leading to broader adoption and a stronger market position.

Avalanche is making waves in the financial world as institutions tokenize hundreds of millions of dollars on its blockchain, signaling a shift towards integrating government and traditional finance into the digital realm. This development is significant because it showcases the growing acceptance of blockchain technology in mainstream finance, despite the Avalanche token currently being 86% below its peak value. The progress made in Q3 highlights the potential for future growth and innovation in the sector.

Long-term Bitcoin holders have sold 325,600 BTC, marking the sharpest monthly drawdown since July 2025. This significant selling trend could indicate a shift in market dynamics, raising concerns about future price stability and altering investor strategies. As these holders offload their assets, it may lead to increased volatility in the cryptocurrency market, prompting both investors and analysts to reassess their positions.