Crypto Market Crash: $670 Billion Lost
The crypto market has experienced its largest single-day crash, resulting in over $19 billion in liquidations and 1.6 million traders being liquidated in the last 24 hours.
Altcoins such as ETH, SOL, ADA, BNB, and DOGE have corrected by 12-20% each, with some experiencing even greater losses.
- ETH, BNB, XRP, and Solana (SOL) have corrected by 12-20%.
- DOGE, LINK, and ADA have incurred even greater losses.
Veteran trader Arthur Hayes noted that investors lost a staggering $670 billion in today's crypto crash amid CEX auto liquidations.
The market crash follows the escalation of the trade war between the US and China, with US President Donald Trump imposing a 100% tariff on China.
Author's summary: Crypto market loses $670 billion in a single day.
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