Crypto Exchanges Hit by Tariff-Fueled Market Surge

[madmax]

On October 10, President Trump’s surprise 100% tariff on Chinese imports sent global markets into turmoil, hitting crypto hard. Major centralized exchanges, including Binance, Coinbase, Gemini, Kraken, and Robinhood, experienced outages and mismatched prices as a surge of trading orders overwhelmed their systems.

While services returned to normal within hours, the incident raised concerns about whether centralized exchanges can handle extreme volatility. Both Binance and Coinbase clarified that the disruptions were caused by heavy user activity, not security issues.

[jacson4]

Tariff-driven volatility boosts trading volume, but liquidity management becomes a key challenge.

[alex10]

Market surges often strain exchanges — adaptability and tech resilience make all the difference.