The cryptocurrency market experienced a sharp decline

Overnight, market liquidations exceeded $20 billion, according to open sources. Some media outlets report that the actual figure could be significantly higher.

📉 Possible reason: announcements of 100% tariffs on Chinese goods and new restrictions on U.S. technology exports triggered an immediate market reaction and a steep price crash.

Such fluctuations are part of the high volatility inherent to the crypto market. The total cryptocurrency market capitalization dropped by $400 billion within 24 hours.

Some services, including Wallet in Telegram, experienced increased load, but access to core functions was quickly restored.

⚠️ Remember: the digital asset market remains high-risk, so it’s important to make informed decisions and diversify your investments.

Take care and don’t give in to panic.