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Futures
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NEW
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NEW
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GUSD Minting
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20 USDT
Earn 40% commission or up to 500 USDT rewards
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💥 Trump Imposes 100% Tariff on Chinese Goods – Crypto Market Shakes Strongly
☀️ Early this morning (11/10), President Donald Trump unexpectedly announced a 100% tariff on imports from China, after China took steps to restrict the export of rare earths – a crucial raw material for AI chips, high technology, and mining equipment.
🔥 This information is shaking the entire crypto market
• Over 19.1 billion USD worth of positions liquidated in just 24 hours according to CoinGlass.
• Approximately 1.6 million traders are affected.
• On Hyperliquid (Perp DEX), more than 10 billion USD in long orders were recorded as "burnt".
This is considered the largest liquidation in the history of the crypto market.
🔄 Update (Token ) of Somnia Network is also affected by the overall trend, dropping from 0.68 → 0.32 USD overnight, but has quickly recovered and is currently trading around 0.52 USD.
📌 The market is in a sensitive phase, brothers should maintain a strong mindset, manage risks, and closely monitor macro developments.
$SOMI
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