Crypto Market Crash: $670 Billion Lost
The crypto market has witnessed its biggest single-day crash, with over $19 billion in liquidations and 1.6 million traders liquidated in 24 hours.
According to veteran trader Arthur Hayes, investors lost $670 billion due to CEX auto liquidations. The crash was triggered by US President Donald Trump's 100% tariff on China, escalating the trade war.
- Top altcoins like ETH, BNB, XRP, and 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 crypto market has lost a staggering $670 billion in today's crash amid CEX auto liquidations.
Author's summary: Crypto market loses $670 billion in historic crash.