Market Impact - The crypto market experienced over $7.5 billion in liquidations within an hour following President Trump's announcement of a 100% tariff on China [1] - In the past 24 hours, more than $9 billion was liquidated from the crypto market, with $7.5 billion in long positions and $1.5 billion in short positions wiped out [2] - The total crypto market capitalization fell approximately 13% in a day, reaching $3.59 trillion [3] Liquidation Details - Bitcoin led the liquidations with $1.83 billion, followed by Ethereum at $1.68 billion, Solana at $614.38 million, and XRP at $432.46 million [1] - The HTX crypto exchange recorded the largest single liquidation of $87.53 million in BTC/USDT [2] Price Movements - Bitcoin was trading at $113,553.35, down 6.64% in 24 hours, while Ethereum was at $3,896.53, down 10.79%, and XRP fell 17.15% to $2.32 [3]