<ul><li>President Donald Trump's announcement of sweeping tariffs on US trading partners triggered sharp price declines in Bitcoin and other cryptocurrencies.</li><li>The crypto market faced massive liquidations, with approximately $450-500 million in combined liquidations of both long and short positions within 24 hours.</li><li>Asian markets tumbled and U.S. Treasury yields slumped to the lowest levels in five months.</li><li>While the short-term market volatility is a concern, some analysts suggest that the tariff clarity could benefit markets in the long term.</li></ul>

Crypto Market Sees $450M Liquidations Following US Tariff Announcement

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