A massive wave of sell-offs struck global crypto today after U.S. President Trump announced 100 % tariffs on Chinese technology exports, sparking fear and panic across markets.
Over $19 billion in crypto positions were liquidated within 24 hours as leveraged traders were caught off guard. Bitcoin alone dropped sharply — falling more than 8 % to near $104,782 before partially recovering. Ethereum also plunged, losing over 11 % in some markets.
The crash was not limited to crypto — equities and global markets also retracted The S&P 500 fell around 2.7 % in response to the trade escalation. Traditional safe-haven assets like gold gained traction as panic gripped sentiment
Crypto indices showed that many altcoins plunged more severely, with losses between 15-25 % in worse cases as liquidity dried up and investors fled toward stable assets
This crash is being called one of the most brutal in recent memory, not just because of size but speed. Many analysts point to structural issues: thin weekend liquidity, cascading margin calls, and infrastructure issues at exchanges.
For HOLO / HOLOworldAi, the crash spells both risk and opportunity. The sudden drop puts pressure on token holders, but if HOLO has solid fundamentals and utility, it could rebound strongly when sentiment recovers.
@HoloworldAI #HoloworldAI $HOLO
