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