Key ideas from Alison Killing

• Cryptocurrency market lost $1 trillion since October 6th peak of $4.3 trillion, wiping out all gains made since Trump's January inauguration
• Bitcoin fell below $100,000 per token for first time in weeks, trading around $93,000 at time of recording
• Trump's October 10th tariff threats on China triggered massive crypto sell-off, with some mid-tier coins losing half their value within 24 hours
• Saudi Arabia's The Line megacity project budget ballooned from $500 billion to estimated $4.5 trillion, requiring 60% of world's recycled steel annually
• NEOM officials now describe The Line as 'generational project' needing over 100 years to complete, abandoning original 2030 deadline
• HSBC struggling to find board chair replacement after Mark Tucker's surprise September departure, revisiting previously discounted candidates including George Osborne