<ul><li>Panic selling amidst fears of Trump's controversial tariffs resulted in massive losses for BTC and altcoins.</li><li>BTC slumped to a 5-month low of $74,000, shedding almost $300 billion from the total crypto market cap which now stands below $2.5 trillion.</li><li>Altcoins such as ETH, XRP, and BNB also experienced significant losses, plummeting by 8-15%.</li><li>Crypto markets faced volatility and uncertainty due to the escalating Trade War and responses from various countries.</li></ul>

Almost $300B Wiped Out of Crypto Markets as Bitcoin Plunged to 5-Month Low (Market Watch)

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