<ul><li>The cryptocurrency market lost approximately $500 billion in value after President Trump announced new trade tariffs.</li><li>The announcement included 25% tariffs on Canada and Mexico, and a 20% tariff on Chinese imports.</li><li>XRP, Cardano (ADA), and Solana (SOL) experienced significant drops of 17%, 25%, and 20% respectively.</li><li>Total crypto market liquidations reached $1 billion, with $867.87 million from long positions.</li></ul>

Crypto Market Loses $500B Following New Trade Tariff Announcements

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