Crypto Market Crash: $670 Billion Lost
The crypto market has witnessed its biggest single-day crash in history, with over $19 billion in liquidations and 1.6 million traders liquidated in the last 24 hours.
Investors lost $670 billion in today's crypto crash amid CEX auto liquidations, as noted by veteran trader
Arthur Hayes.
- Top altcoins like ETH, BNB, XRP, Solana (SOL) corrected 12-20%.
- Altcoins like DOGE, LINK, and ADA incurred even greater losses.
- Some altcoins on Binance tanked as much as 90%.
The market crash comes after US President Donald Trump imposed a 100% tariff on China, escalating the trade war further.
Author's summary: Crypto market loses $670 billion in a single day.
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