Bitcoin Rockets to $125K Then Crashes on Trade-Tariff News – What’s Next?
Bitcoin traded near $112,000 on Oct. 14, down from a record $125,000 earlier in the month. The price plunged 8–10% on Oct. 10 after President Trump announced 100% tariffs on Chinese tech imports. Major altcoins also fell, except Solana, which gained 4%. U.S. spot Bitcoin ETFs saw record inflows before the crash, then net outflows of $326 million on Oct. 13.