Chinese Analysis Firm Examines Market in Depth Following Bitcoin and Altcoins' Decline, Discusses Future Weeks

Cryptocurrency analysis firm QCP Capital has assessed the sharp market volatility following US President Donald Trump's imposition of 100% tariffs on Chinese ￰0￱ tensions shook global markets, causing the largest cryptocurrency liquidation in history, the company ￰1￱ to a report by QCP Capital, Bitcoin (BTC) briefly fell to $102,000 before recovering to $112,000. However, $19 billion worth of leveraged positions were liquidated in the process, marking the largest liquidation in crypto ￰2￱ largest exchange-wide fluctuations occurred on ￰3￱ to the report, the USD price collapsed to $0.65, while wBETH traded at a 90% discount to its ETH ￰4￱ also saw its price drop by over 80%.

Other major exchanges did not experience such ￰5￱ Capital stated that these extreme price fluctuations on Binance could be a sign of a possible coordinated ￰6￱ company noted that the exchange recently announced system updates for these three assets, potentially creating a potential “window of vulnerability.” The market crash came after a sudden surge in tensions in US-China ￰7￱ accused China of “trying to hold the world hostage,” while the White House announced a 100% tariff on all Chinese imports and new export restrictions on critical ￰8￱ is reportedly preparing to impose export restrictions on rare earths and other industrial inputs starting November ￰9￱ News: Hyperliquid, the Most Popular Exchange of All Time, Targets Binance for the Recent Crash!

Here Are the Accusations... Following these developments, global stock markets also plummeted: the Nasdaq fell 3.5%, and the S&P 500 fell 2.7%. Short-term volatility in crypto markets skyrocketed; BTC's one-week implied volatility (ATM) peaked at 98 before falling back to 50 as the market partially ￰10￱ in the day, US Vice President JD Vance's statement that “we are open to reasonable negotiations with China” eased some of the selling pressure ahead of the Asian session. However, QCP Capital warned that liquidity remains fragile, policy risk remains high, and investors remain cautious.

“Markets may stabilize for now, but China’s response will determine direction in the coming weeks,” the company said. *This is not investment ￰11￱ Reading: Chinese Analysis Firm Examines Market in Depth Following Bitcoin and Altcoins' Decline, Discusses Future Weeks