Trumpโs Trade Bombshell Sends Markets Into Freefall โ 700B Gone in 3 Minutes ๐ฅ๐๐บ๐ธ๐จ๐ณ*
We just witnessed one of the most brutal intraday wipeouts in recent memory โ and it all started with a single statement.
At exactly 10:57 AM, Donald Trump dropped a trade grenade, announcing plans for a *massive* tariff hike on Chinese imports. The market reaction was immediate and unforgiving. By 11:00 AM โ just three minutes later โ the S P 500 had already shed a jaw-dropping700 billion in value.
It didnโt stop there. Risk assets across the board got slammed.
TRUMP plunged to 5.74, down over 23WLFI cratered nearly 26%, trading around 0.1308
$BNB took a sharp hit as well, falling below 1,100 and currently sitting at 1,091, down almost 14%
Whatโs unfolding isnโt just a reaction to tariffs โ itโs fear of a full-scale trade war revival. This kind of aggressive stance towards China signals inflation risk returning, global supply chains coming under pressure again, and uncertainty flooding every corner of the market.
Investors are pulling back hard. Some are scrambling to rotate into safer assets like gold, while others are watching their crypto portfolios get caught in the crossfire. Volatility is surging, and this feels less like a dip โ more like a full-blown sentiment flip.
Memecoins, alts, and even majors are being sold off. Liquidity is drying up, and leverage is getting punished as liquidations stack up.
Is this a flash crash or the start of a broader correction? That depends on how deep the trade tension goes โ and how markets price in the fallout over the next few days. But one thingโs clear: the trade war isnโt just back. Itโs supercharged.
Stay cautious. Stay informed. November is heating up fast. ๐จ๐ฅ๐ฃ๐๐บ๐ธ๐จ๐ณ๐ธ