Trump Trade War Turmoil Wipes Out $500M in Crypto Longs—Here’s What to Buy Now
Markets just got a brutal reminder that geopolitics moves faster than a leveraged trader’s stop-loss. Half a billion in crypto longs evaporated after the latest Trump trade war headlines hit—classic ’buy the rumor, sell the news’ with extra political risk sauce.
So where’s the smart money flowing now? The usual suspects (BTC, ETH) always absorb shockwaves, but this dip might be prime time for high-beta alts with real utility—think layer-2 tokens or AI-driven protocols. Not financial advice, but if you’re going to gamble on Washington’s mood swings, at least pick assets that won’t get rekt by a single tweet.
Remember: in crypto, the only ’trade war’ that matters is the one between your greed and the exit button.
Tariff Turmoil Triggers Liquidation Cascade in Crypto Markets
Over the past 24 hours, Leveraged crypto positions totaling more than $500 million were wiped out as traders hurried to lock in profits and exchanges carried out forced liquidations.
President Trump’s new tariff threats on European Union imports and Apple products sparked panic in the markets.
Bitcoin, which had been cruising above $111,000, slid to roughly $108,600, instantly erasing intraday gains and dampening market confidence.
That downturn rippled across the crypto complex: futures tied to ether (ETH), Solana’s SOL, XRP and Dogecoin (DOGE) all took hits ranging from $30 million to over $100 million.
Bitcoin futures alone absorbed about $181 million in liquidations, while Ether futures saw nearly $142 million forced out.
Altcoins piled on roughly $100 million more, with SOL, Doge and XRP among the hardest hit. The single largest liquidation? A $9.53 million BTC-USDT swap on OKX, according to CoinGlass.
Such liquidations occur when leveraged positions fall below maintenance margins, prompting exchanges to close them automatically.
When liquidations cascade like this, they often signal extremes in market sentiment—panic begets panic, and what starts as a margin call can snowball into a broader downturn.
Just as bitcoin was gathering steam on ETF inflows and institutional interest, fresh trade-war jitters shattered expectations of a calm weekend.
Now, with geopolitics back in the driver’s seat, traders may enter next week on high alert, watching every tariff update and margin level with fresh caution.
Best Crypto to Buy Now
As Trump’s tariff salvo reignites trade-war angst and shakes loose $500 million in leveraged crypto bets, investors are recalibrating their risk radar. Market tremors have underscored the need for resilient assets with strong fundamentals and growth potential. The best crypto to buy now is positioned to withstand volatility and capitalize on future upside.
Solaxy
Solaxy’s Layer-2 ambitions are humming with renewed vigor after the liquidation shakeout, offering a streamlined platform for cross-border swaps. Its on-chain volume surge hints at growing developer interest—an assertive play in turbulent markets.
There are a plethora of meme coins, but what sets Solaxy apart is that it’s a real blockchain project using Layer 2 technology to help solana scale and grow.
It aims to fix fundamental issues such as scalability problems, slow transactions, and network congestion, while boosting speed and efficiency across the network.
So, what does it employ? It uses Rollup technology, which takes transactions off-chain, bundles them together, and submits them as a single transaction for on-chain verification. This process significantly reduces costs and increases transaction speed.
Recently, Solaxy has undergone major updates, including an upgrade to its node system to improve refresh times and the launch of the Testnet Bridge—an important milestone bringing Solaxy closer to full blockchain interoperability.
According to well-known crypto YouTuber 99Bitcoins, Solaxy has the potential to deliver 100x returns in the NEAR future.
SUBBD
SUBBD’s AI-driven content creation ecosystem has quietly proven its mettle during market swoons, delivering swift access to exclusive content. As volatility spikes, its reliable architecture positions it as a hidden gem for builders and traders alike.
It is designed to set new standards and disrupt the traditional content creation model by replacing it with something better—powered by AI tools and crypto features.
Why is it really needed? Previously, content platforms WOULD take up to 70% of creators’ earnings, offering little in return. SUBBD flips the script by allowing creators to keep the majority of their income.
It revolutionizes content creation by automating audience engagement, helping creators build trust and stronger connections with their fans—while also reducing their workload.
Additionally, it boosts earnings through crypto-based monetization and supports creators by generating fresh, creative ideas to keep their audience entertained.
Best Wallet Token
Best Wallet’s integrated ecosystem is seeing upticks in activity as traders scramble to rebalance portfolios. By prioritizing low slippage and seamless swaps, it stands out amid liquidation-era chaos.
In the world of cryptocurrencies, having a secure, anonymous, and non-custodial wallet is essential—and that’s where Best Wallet comes in.
The wallet that’s powered by the Best Wallet Token helps protect sensitive information by enabling full control over private keys, allowing complete freedom to buy, sell, and swap crypto across five major blockchains: Ethereum, Binance Smart Chain, Polygon, Bitcoin, and Base.
Best Wallet Token is the native cryptocurrency of the platform. Users can stake it to earn industry-leading APYs, invest in top-tier presales directly within the app, and enjoy occasional bonuses and airdrops.
Did you know? The same token can exist on multiple blockchains. 🤔
You’ll find ETH on Ethereum, but also on Base, BNB Smart Chain, Polygon, and more.
These versions look the same in name and value, but they are NOT the same token. ETH on Base is separate from ETH on ethereum —… pic.twitter.com/kYzww48HFR
— Best Wallet (@BestWalletHQ) May 24, 2025
Holding the token also unlocks benefits like reduced transaction fees, higher staking rewards, community governance rights, and early access to some of the most promising meme coins.
XRP
XRP’s cross-border rails gained traction when liquidations surged, reminding investors of its low-cost settlement edge. With renewed talk of regulatory clarity, it could reclaim momentum in a market hungry for speed and efficiency.
XRP is a digital currency that enables high-speed, low-cost international payments via Ripple’s decentralized network of blockchains.
Its Core function is to update conventional banking systems through facilitating instant and inexpensive cross-border transactions with the effect of blockchain technology.
Over 100 banks have collaborated with Ripple, applying XRP as liquidity and quicker settlements.
A recent news points out that Ripple’s XRP and blockchain payment technology may have a vital role in assisting the G20 in meeting its cross-border payment ambitions by 2030.
In technical terms, it is currently trading at around $2.29 with a market cap of $134.73 billion, positioning it in 4th place. However, over the past 24 hours, it has been declining, creating an opportunity for potential buyers to benefit from the dip.
As global demand continues to rise for faster, cheaper, and more transparent international payments, the G20 is intensifying efforts to improve this sector—aiming to boost trade, economic growth, and development.
Conclusion
The latest outbreak of trade-war turbulence has once again demonstrated that geopolitical flashpoints remain powerful drivers of volatility—swiftly transforming bullish momentum into cascading liquidations and $500 million in forced exits.
Yet, this episode also underscores crypto’s resilience. Digital assets continue to adapt under pressure, carving out niches in areas ranging from smart-contract execution to cross-border settlements, and proving that robust networks can withstand even abrupt shockwaves.
For investors, it’s a timely reminder to prioritize the best crypto to buy now—those grounded in real-world utility and DEEP liquidity—rather than chasing fleeting momentum. As markets brace for further tariff developments, the search for resilient opportunities is only intensifying.