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October 10, 2025 - Bitcoin News Update


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October 10, 2025: Bitcoin plunges to $102K on Binance following Trump's announcement of 100% tariffs on China, causing market turmoil. Despite recent strong BTC ETF inflows, derivatives indicators signal caution. BlackRock experiences Bitcoin fee frenzy while S&P potentially expands crypto coverage. Major liquidations exceed $1 billion as Bitcoin, Ethereum, and Solana erase October gains, contradicting typical "Uptober" performance. Market volatility remains elevated across the cryptocurrency sector as traders react to geopolitical developments and institutional positioning shifts. Powered by LabCat AI research tools.
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