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.
Top altcoins like ETH, BNB, XRP, and Solana (SOL) have corrected 12-20% amid a massive liquidation flushout in the market. Others, such as DOGE, LINK, and ADA, have incurred even greater losses.
Investors lost a staggering $670 billion in today’s crypto crash amid CEX auto liquidations - Arthur Hayes
- 1.6 million users got liquidated in today's crypto market crash
- Altcoins crash has intensified, with some tanking as much as 90% on Binance
- The market crash follows the US President's imposition of a 100% tariff on China, escalating the trade war
Author's summary: Crypto market loses $670 billion in historic crash.