Crypto Liquidation hits $19B as Trump's China Tariff Triggers Market Crash

**Crypto Market Suffers Historic $19 Billion Liquidation Crash Following Trump China Tariff Announcement**

The cryptocurrency market experienced its most devastating single-day liquidation event in history, with over $19 billion wiped out within 24 hours following President Trump's China tariff announcement. According to Coinglass data, more than 1.6 million traders faced liquidation during Friday's brutal market crash, marking an unprecedented bloodbath across Bitcoin, Ethereum, and altcoin markets.

This massive crypto liquidation event demonstrates the volatile nature of digital assets and their sensitivity to geopolitical developments. The Trump tariff news triggered panic selling across major cryptocurrency exchanges, causing flash crashes in DeFi protocols and forcing leveraged positions to close automatically. Bitcoin and other major cryptocurrencies plummeted as institutional investors and retail traders alike scrambled to exit positions.

The $19 billion liquidation figure represents the largest single-day loss in cryptocurrency trading history, surpassing previous market crashes and highlighting the interconnected nature of traditional finance and blockchain markets. This historic crypto market crash underscores the importance of risk management in volatile digital asset trading environments.