The altcoin market lost almost half a trillion dollars in the space of just a few hours last Friday. A breathtaking plunge liquidated around 1.6 million traders to the tune of more than $19 billion in losses - making this the worst crash in crypto 0 arrives and the market is in full recovery mode. What’s next? Worst crash in crypto history Friday’s crypto crash will go into the annals of history as the worst 1 President Trump released a tirade later that day, berating China over its monopolisation of rare earths, nothing could have prepared anyone for what then 2 full implications of Trump’s threat to impose a further 100% tariffs on China began to sink in, and a landslide started to take place across the 3 4 S&P lost 2.7%, and the Nasdaq 3.5% - huge movements for the stock 5 large tremors in the stock market were nothing to the full-on volcanic-like fury of the tiny crypto market.
Total2, the combined market cap of all crypto, excluding Bitcoin, plunged nearly half a trillion dollars, falling from $1.66 trillion, down to $1.18 trillion in a matter of 6 of the smaller market cap cryptos nosedived, losing as much as 95% of their worth, while the big market cap coins like Ethereum and Solana lost 20%. Ripple (XRP) crashed a seemingly impossible 43.5%. Total2 falls almost half a trillion dollars
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