Following Donald Trump’s statements, the cryptocurrency market experienced a decline not seen in a long time.
Following US President Donald Trump’s announcement that he would impose 100% tariffs on China, the cryptocurrency market experienced a sharp decline. The overall market turned red, with several projects, particularly among the top 100 altcoins, losing more than 40% of their value in the last hour.
According to the data, the sharpest decline began with Filecoin (FIL). FIL lost 56.86% of its value in the last hour, falling to $0.96. It was followed by Worldcoin (WLD) (49.57%), Artificial Superintelligence Alliance (FET) (48.63%), and Render (RNDR) (47.31%).
Other sharp losses were seen in memecoins and DeFi projects. Bonk (BONK) fell 47%, Story Protocol (IP) 46.5%, Lido DAO (LDO) 44.2%, Kaspa (KAS) 44%, Curve DAO (CRV) 43.8%, and Optimism (OP) 43.4%.
Also included on the list are Ethereum Name Service (ENS), Arbitrum (ARB), Internet Computer (ICP), Sei (SEI), Pyth Network (PYTH), VeChain (VET), Uniswap (UNI), Ondo (ONDO), Polkadot (DOT), and Immutable (IMX), all of which have lost around +40% in the last hour.
Among the top 100 altcoins, the ones that fell the most in the last hour of the market are listed as follows:
