#Crypto Market Liquidates $19B after Trump’s China Tariff Announcement

A substantial market downturn occurred following President Donald Trump’s announcement of a 100% tariff on Chinese imports, resulting in $19 billion in cryptocurrency liquidations within 24 hours. The volatile event impacted both Bitcoin and Ethereum significantly, contributing to price drops across the crypto landscape. Experts suggest this volatility offers potential opportunities for those who are prepared to navigate the market uncertainties, while highlighting vulnerabilities within centralized exchange systems.