With the start of a new trading week, major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP) have significantly dropped in value. Market data shows that in the past 24 hours, the price of Bitcoin has decreased by over 6% and is now trading around $94,000. Ethereum has also dropped by over 20% with its price falling below $2,500. Solana’s price has decreased by over 8% and is trading around $194, while Ripple has experienced a 23% decline, reaching $2.2. Additionally, TrumpCoin (TRUMP) has dropped by over 15%. The World Liberty Financial (WLFI) project, supported by the Trump family, has seen a 20% decrease in its January investments’ value due to market fluctuations. According to SpotOnChain data, in the past 12 hours, approximately $1.3 billion worth of long liquidated positions, including $400 million for Ethereum and $300 million for Bitcoin. The recent market correction is a result of the trade war initiated by Donald Trump, the President of the United States, imposing a 25% tariff on Canada and Mexico.
