The ongoing trade war between the U.S. and China is causing a significant drop in cryptocurrency values, with a $500 billion loss in just 24 hours.Investor fears, fueled by the trade war and Warren Buffett's criticism, are leading to a pullback from riskier assets like crypto.The upcoming White House Crypto Summit is a key event that could either stabilize or further disrupt the volatile crypto market.Bitcoin, Ethereum, Cardano, and Solana have all experienced significant declines in value as a result of the trade tensions.