How XRP and DOGE Lost Over Half Their Value in Today’s Crypto Flash Crash

• Following today’s flash crash, XRP’s leveraged market recorded over $707 million in net liquidations.
• Dogecoin price dropped over 58% during today’s crypto crash resulting in over $472 million liquidated. 
• The altcoin’s correlation with Bitcoin had significantly increased thus resulting in a coordinated selloff.

The altcoin market, led by Dogecoin (DOGE) and XRP (XRP), was heavily impacted by the crypto crash experienced in the past 24 hours. Out of the $19.4 billion liquidated from the crypto market during the past 24 hours, Bitcoin (BTC) only contributed around $5.36 billion. 

Crypto Market Crash on Renewed Fear of Trade War

The wider crypto industry followed major stock indexes in huge losses during the past 24 hours. The historical crypto selloff was triggered by the announcement from President Donald Trump that the United States will impose a 100% t…

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