After an effectively frozen or range-bound period reported as lasting 110 days, the crypto market saw rapid swings, including an approximately $500 billion surge or single-session decline and a roughly $110 billion drawdown. The October 2025 selloff triggered about $19 billion to $20 billion in derivatives liquidations, among the largest wipeouts in crypto history, while tariff announcements highlighted crypto's correlation with traditional risk assets. The market also recorded a $110 billion single-day loss on June 2, 2026, and later added $113 billion in one day during August 2026, with multi-day gains of $170 billion to $291 billion. Policy optimism, ETF inflows and short-covering appeared to support the rebound. The records differ on when the 110-day freeze ended: the older account places the resumption at 8:30 AM on August 19, the day of President Trump's Crypto Summit, while the newer account says the October 2025 crash broke the period of relative stagnation.