{"id":152442,"date":"2025-03-04T09:18:13","date_gmt":"2025-03-04T07:18:13","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152442"},"modified":"2025-03-04T14:58:16","modified_gmt":"2025-03-04T12:58:16","slug":"crypto-market-crashes-again-as-trump-tariffs-trigger-massive-liquidations","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-market-crashes-again-as-trump-tariffs-trigger-massive-liquidations\/","title":{"rendered":"Crypto Market Crashes Again as Trump Tariffs Trigger Massive Liquidations"},"content":{"rendered":"

The main reason behind this could be Trump\u2019s tariffs on Mexico and Canada, which took effect and erased $460 billion from the market within a day. Bitcoin<\/a> <\/strong>dropped over 10%, while Ethereum (ETH<\/a><\/strong>), XRP<\/a><\/strong>, Solana (SOL<\/a><\/strong>), and Cardano (ADA<\/a><\/strong>) suffered losses between 12% and 25%. The initial excitement around Trump\u2019s proposed U.S. crypto reserve quickly faded as economic concerns took center stage.<\/p>\n

Mass liquidations<\/a> <\/strong>followed, exceeding $1.09 billion, with Bitcoin alone accounting for $400 million in forced sell-offs. According to The Kobeissi Letter, the market saw an average hourly loss of $19.1 billion, making it one of the fastest crashes in recent history.<\/p>\n

Bitcoin had briefly surged to $93,000 after Trump\u2019s announcement but failed to sustain momentum, dropping to $83,500. Analysts suggest it could still revisit the $70,000\u2013$75,000 range before a true rebound. Former BitMEX CEO Arthur Hayes sees $70,000 as a potential cycle low, while other analysts warn of further short-term volatility.<\/p>\n