One article understands Ethereum erases the half-year increase, XRP plummets 40%, and SOL falls below $180

The crypto market fell sharply under the impact of the US imposing tariffs!

The liquidation of over US$2 billion in 24 hours

Coinglass data shows that in the past 24 hours, the amount of liquidated in the cryptocurrency market exceeded US$2 billion, of which the liquidated in long positions was US$1.81 billion, the liquidated in short positions was more than US$288 million, and the affected users were more than 710,000. Bitcoin's continued decline is the main cause.

Ethereum fell below $2,100

Other mainstream cryptocurrencies perform worse. Ethereum price fell to $2,086 at one point, hitting a new low since August last year. Although it has rebounded above $2,400, the 24-hour decline is still more than 20%.

Solana approaches January low

SOL prices also fell sharply, reaching a low of $175, close to a January low. However, its 24-hour decline is smaller than Ethereum, and its current price is $185.8.

XRP has the most decline

Among the major cryptocurrencies, XRP fell the most severely, with a 24-hour decline of up to 40%. The price fell to $1.78 at one point, falling back to the low of December last year, and a large number of contract investors exploded.

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