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.
Top altcoins like ETH, BNB, XRP, and Solana (SOL) have corrected 12-20% amid a massive liquidation flushout. Others, such as 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.
- 1.6 million users were liquidated in the crypto market crash.
- Altcoins crash has intensified, with some on Binance tanking as much as 90%.
- The market crash follows US President Donald Trump's imposition of a 100% tariff on China, escalating the trade war.
Author's summary: Crypto market loses $670 billion amid massive liquidations.
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