In the past 24 hours, the crypto market has lost $500 billion in value as market sentiment shifts ahead of President Trump's tariff deadline. XRP, Cardano (ADA), and Solana (SOL), which had posted major gains on Trump's proposed crypto reserve, have now experienced double-digit declines. XRP dropped 17%, erasing gains that followed Trump's earlier statement. ADA and SOL fell approximately 25% and 20% respectively. The total crypto market cap has shrunk by over 12% in the past 24 hours, with Bitcoin trading at around $83,700, down almost 10%. The market downturn intensified after Trump confirmed tariffs on Canada, Mexico, and China, raising concerns about a deepening economic slowdown. The sell-off in the financial markets has also affected cryptocurrencies as investors seek safer assets.



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