this post was submitted on 12 Oct 2025
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There was a drop of about 3% on Friday because of rumors of tariffs/insider trading. Trump waited for markets to close on Friday to officially announce it. But futures don't look bad anyways.
Also Crypto fluctuation, as usual, have been more than that. Bitcoin is only down like 7% over the last week and 3.4% over the last 3 months, but its up like 80% YOY, so hardly a problem if this has been a long-term thing.
Bitcoin didn't drop much, but lots of alt coins dropped 90% or more. The memes are manly coming from accounts that lost it all on those alt coins, sometimes in the millions. One of the big cases lost 30 million Friday.
See here for some schadenfreude