19 billion dollars evaporated… Cryptocurrencies receive a surprise shock
The digital currency market received a sudden shock over the past two days, as major cryptocurrencies declined on a large scale, and about $19 billion in market value evaporated, against the backdrop of The new strict tariffs announced by President Donald Trump against China.
The value of the Bitcoin rose by about 13.5% within 24 hours, recording $112,000, rising from the lowest level at $105,000. The value of Ethereum fell by more than 17% during the day, Sunday, while the value of Ripple and Dogecoin fell by more than 30%, sparking a wave of panic among investors who rushed to issue stop-loss sell orders.
Statistics show that The recent sell-off represents the biggest shock to the market since April 2025, while the fear index rose above 31%, surpassing multi-month highs.
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