Crypto Crash and Rebound: How a $19 Billion Wipeout Reshaped the Market
Understanding the Historic Crypto Crash: Causes, Impact, and Recovery
The cryptocurrency market recently experienced one of its most dramatic crashes in history, with over $19 billion in liquidations occurring within just 24 hours. This event marked the largest single-day wipeout the market has ever seen, leaving traders and investors reeling. But what caused this unprecedented crash, and how did the market manage to rebound so quickly?
The Geopolitical Trigger: U.S.-China Trade Tensions
One of the primary catalysts for the crash was geopolitical uncertainty. Former U.S. President Donald Trump’s announcement of a 100% tariff on Chinese imports reignited fears of a trade war, sending shockwaves through global financial markets. The crypto…
