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.
Altcoins have been severely affected, with some like ETH, SOL, ADA, BNB, and DOGE correcting 12-20% each. The crash has intensified, with reports suggesting that many altcoins on Binance have tanked as much as 90%.
Investors lost a staggering $670 billion in today’s crypto crash amid CEX auto liquidations - Arthur Hayes
- Top altcoins like ETH, BNB, XRP, and Solana (SOL) have corrected 12-20%.
- Players like DOGE, LINK, and ADA have incurred even greater losses.
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 historic crash.