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International Business Times

Business

Marvie Basilan

Trump Trade War Hits Crypto Market: $2.21 Billion Wiped Out In 1 Day

Crypto Donald Trump Bitcoin altcoin CoinGlass Cryptocurrency United States

The crypto market crashed over the weekend after U.S. President Donald Trump announced tariffs on Canadian and Mexican imports. (Credit: Bybit/flicker.com)

KEY POINTS

$AVAX, $ADA, $LINK, and $XRP saw the biggest price losses in the last 24 hours
The crypto market saw a staggering $2.21 billion liquidated in the day
Some crypto users are now unsure about Trump being the crypto president

U.S. President Donald Trump's trade war has dragged the cryptocurrency market into the mire, with the global crypto market plunging by over 10% Sunday following scrutiny of Trump tariffs from Canada and Mexico.

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