$19B liquidated from crypto market amid new Trump tariffs

Over $19 billion worth of leveraged crypto positions were liquidated in 24 hours, marking the largest single-day loss in the history of digital currency. The sell-off triggered by United States President Donald Trump’s announcement of a 100% tariff increase on Chinese imports, which is set to take place on November 1, sent Bitcoin plummeting to $102,705 before rallying back to $112,775 at 8:58 pm ET, going down by 7.42% in 24 hours,

NN: A 19 billion dollar drop in a hour is a warning sign. Soon the canned fish and tulip hysteria will end in tears