Overview

• President Donald Trump said he intends to impose 100% tariffs on Chinese imports following Beijing’s new rare‑earth export curbs, triggering a broad risk selloff.
• CoinGlass reported roughly $18.28 billion in forced liquidations across crypto, the largest on record, as bitcoin briefly slid from above $122,000 to about $102,000 before bouncing.
• Long positions absorbed most of the damage, with about $16.6 billion in longs liquidated versus roughly $2.4 billion in shorts, according to market analysts cited in the coverage.
• Exchange data highlighted concentrated stress points, including a reported $203.36 million single liquidation on Hyperliquid and a large share of total liquidations on that venue, while some commentators alleged coordination or manipulation without proof.
• By Sunday, prices had partly recovered, with bitcoin near $114,000 and ether back above $4,000, as U.S. spot bitcoin ETFs logged net inflows of about $2.72 billion for the week.