The cryptocurrency market experienced a historic one-day selloff recently, triggered by statements from US President Donald Trump threatening to impose 100% tariffs on Chinese goods.

The announcement sent shockwaves across multiple asset classes, including currencies, metals, equities, and crypto.

Major cryptocurrencies like Bitcoin, Ether, and Solana saw steep declines. Bitcoin fell from around $115,000 to $103,000, Ether dropped nearly 14.5% from $4,300 to $3,700, and Solana declined almost 20% from $223 to $178. Overall liquidations in the crypto market totalled nearly $18.2 billion, marking the largest single-day selloff in history.

Bitcoin accounted for $5 billion of this, Ether $4 billion, and Solana $2 billion.

Despite the sharp declines over the past week and month—Ether, Solan

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