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181220020
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Biggest single day crash: -Covid crash: $1.2 Billion liquidations. -FTX crash: $1.6 Billion liquidations. -Today: $19.14 Billion liquidations. This is Biggest liquidation event in history of crypto. Its almost 20x bigger crash than the Covid crash of March 2020.. Unbelievable 1.6 Million Traders were liquidated.
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Reason for crash. President Trump says new tariffs on China “under consideration” as relations turn “very hostile.” Trump claims China is restricting rare earth exports to disrupt global markets and gain monopoly control. He says the U.S. has responded with strong countermeasures, including a detailed letter to China leader and plans for higher tariffs on Chinese goods.. At 10:57 AM ET, Trump Bro published a massive paragraph about China saying a "massive increase" in tariffs is coming. By 11:00 AM ET, 3 minutes later, the S&P 500 had already erased -$700 BILLION in market cap.. Woke up and didnt expect to see this. Crypto market records largest single day liquidation event in history.. 20 Billion wiped out just like that.
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comment reason behind the extreme dump Last night
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Profit on dump or pump always on profit
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if anyone need learn and earn quiz ans of pyth comment
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