Crypto Market Crash Wipes Out 80% in Minutes

Coinomedia2025/10/12 16:39

By:Isolde VerneIsolde Verne

Major crypto coins like ATOM, LINK, ADA, and more saw sudden 80% drops, shaking investor confidence.Sudden Crypto Market Crash Shocks InvestorsMassive Losses for Top TokensWhat Caused the Bloodbath?

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Top 100 coins lost up to 80% in a flash crash.
Popular coins like $ATOM, $LINK, and $ADA saw massive drops.
Panic spread across markets as prices collapsed within minutes.

Sudden Crypto Market Crash Shocks Investors

In one of the most brutal sell-offs this year, the crypto market faced a rapid collapse yesterday, wiping out billions of dollars in just a few minutes. Leading tokens, many considered blue-chip assets, plummeted by up to 80%, causing widespread panic across trading platforms and communities.

This unexpected crash caught many off guard, especially as no single major news event directly triggered the plunge. Whether due to cascading liquidations, technical failures, or coordinated sell-offs, the result was the same: portfolios were shredded in minutes.

Massive Losses for Top Tokens

Here’s a look at some of the biggest falls during the crash:

$ATOM dropped from $4 to a shocking $0.001, almost wiping out all value.
$SUI fell from $3.4 to $0.56, a nearly 84% plunge.
$APT lost over 85%, crashing from $5 to $0.75.
$SEI dropped 75%, from $0.28 to $0.07.
$LINK, considered a reliable asset, went from $22 to $8.
$ADA, a long-time favorite among retail investors, fell from $0.80 to $0.30.

These sudden drops weren’t isolated. The entire top 100 cryptocurrencies experienced severe losses, turning what seemed like a normal trading day into a historic bloodbath.

For people still don't know how bad yesterday was, here quick summary: $ATOM went from $4 to $0.001 $SUI went frim $3.4 to $0.56 $APT went from $5 to $0.75 $SEI went from $0.28 to $0.07 $LINK went from $22 to $8 $ADA went from $0.8 to $0.3

Top 100 blue chips nuked 80% in a…
— Ted (@TedPillows) October 11, 2025

What Caused the Bloodbath?

While the exact cause is still under debate, early analysis suggests a combination of factors:

Mass liquidations: As prices dropped, leveraged positions got wiped out, triggering a cascade effect.
Poor liquidity: Some coins had low order book depth, making price slippage worse.
Technical glitches: Some exchanges reported delays or outages, worsening trader reactions.

The crash serves as a harsh reminder of crypto’s volatility and the risks involved in trading and investing without proper risk management.

Read Also:

BCH Surges Amid UK Blockchain Push, TRX Expands Stablecoin Network as BullZilla Presale ##Enters Stage 6B (Top Best Cryptos)
Whale Faces $15.5M Loss on $74M Solana Investment
DWF Labs Steps In to Support Projects Post-Crash
Crypto Market Crash Wipes Out 80% in Minutes
Rayls Labs Builds Blockchain Rails for Banking Revolution

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.

华尔街见闻•2026/11/11 21:18

Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.

华尔街见闻•2026/11/11 21:18

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?

The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.

华尔街见闻•2026/11/11 21:18