$180 billion flows into crypto as U.S.–China tariff ‘misunderstanding’ clears up

Global cryptocurrency markets surged on Sunday, adding $180 billion in value after the geopolitical scare between the United States and China turned out to be a misunderstanding over the next tariff ￰0￱ of press time, the total crypto market capitalization stood at $3.87 trillion, up from $3.69 trillion just 24 hours ￰1￱ crypto market cap chart.), which rose 2% to trade above $114,000, while Ethereum ( ETH ) gained nearly 8%, reaching $4,139. Binance Coin ( BNB ) led major gainers with a 12.34% jump to $1,297, while Solana ( SOL ) surged 6.19% to $195. XRP also moved higher by 1.32%, changing hands at $2.52. Top cryptocurrency performance.) October 12, 2025 Notably, the misunderstanding led to the largest crypto liquidation in history and wiped out an estimated $2.5 trillion in S&P 500 market capitalization on ￰2￱ now view the incident as a temporary overreaction, calling Trump’s 100% tariff threat a likely “bargaining chip” rather than a genuine policy shift.

meanwhile, a section of analysts maintained that the correction would be short-lived, a view now seemingly validated by the swift market ￰3￱ image via Shutterstock