On October 10, 2025, Cardano (ADA) suffered a devastating 65% flash crash, plummeting from $0.85 to an intraday low of $0.30 on Binance, marking its lowest price since August 2024, per CryptoPotato_News. This collapse was part of the single-largest liquidation event in crypto history, wiping out over $19 billion across the market, triggered by President Donald Trump’s renewed 100% tariffs on China over rare earth minerals, per. ADA dipped to $0.42 on Kraken and $0.56 on Bitstamp, with $0.65 as the current level, per. X posts from @krugermacro rank it as the fifth-largest crypto crash since 2020, dubbing it the “Trump Tariffs 2.0 crash,” per.
Whales exacerbated the downturn, offloading 40 million ADA in the past week, per Ali Martinez on X. This mass exit signals bearish conviction, potentially inspiring retail panic-selling and further downside, per. On-chain data from Santiment shows large holder balances dropping 12%, with exchange inflows surging 25% to 150M ADA, per. The RSI at 28 indicates oversold conditions, but MACD bearish divergence suggests sustained weakness, per TradingView. Cardano’s $23B market cap now ranks it 10th, down from 6th, per CoinMarketCap.
Trump’s tariff announcement on October 10 escalated the U.S.-China trade war, disrupting semiconductor and EV supply chains reliant on rare earths, fueling inflation fears and risk-off sentiment, per. The $19B liquidation dwarfed the $10B FTX collapse in 2022, with altcoins like Solana (SOL) (-58%) and XRP (-62%) also hammered, per. Bitcoin (BTC) fell 45% to $58,000, while Ethereum (ETH) dropped 50% to $2,100, per. Historical parallels include the 2022 3AC crash (ETH -32%) and 2021 Elon Musk tweet crash (ETH -40%), but ADA’s 67% drop stands out, per @krugermacro on X.
ADA could test $0.40 support if $0.50 breaks, per RLinda, but a $0.65 rebound might target $0.83 if tariffs ease, per CoinDCX. Cardano’s Hydra upgrades and $8.6B DeFi TVL provide fundamentals, but whale selling and macro uncertainty loom, per. Investors should monitor tariff news on whitehouse.gov and ADA flows on CryptoQuant. Dollar-cost average below $0.50, with stop-losses at $0.30, or diversify into USDC or BTC ($58,000 support), per TradingView. Follow @TheBlock__ on X for updates. ADA may recover to $1.10 by year-end if trade tensions de-escalate, per, but 65% crashes highlight altcoin volatility in 2025.
