$2B liquidated in 24 hours šØšØ Bigger than the COVID crash and FTX collapse. The worst altcoin crash Iāve seen since the Covid crash.
Here is the Main Reason behind This crash
šUS imposed a 25% tariff on Canada and Mexico; it also imposed a 10% tariff on China.
šCanada also imposed a 25% tariff on US
šDonald Trump is also planning to impose tariffs on the EU and BRICS nations (if they launch their own currency).
if the US imposes tariffs on all the countries, then inflation will increase in the US, and rate cuts and all the bullish events that people were expecting will not start anytime soon.