Well, the crypto market just hit a rough patch—again. Bitcoin tumbled below the $90,000 mark, dragging most altcoins down with it. The reason? A fresh round of tariff talk from none other than Donald Trump.

Here’s the scoop: During a press conference with French President Emmanuel Macron, Trump mentioned potential tariffs on goods from Mexico and Canada. That one statement sent shockwaves through the market. Bitcoin took a 6% nosedive, while altcoins got hit even harder—Ethereum dropped 11%, Solana plunged 15.4%, Dogecoin slipped 11.6%, and Cardano shed 10.9%.

The fallout didn’t stop there. Futures traders faced a bloodbath, with liquidations surpassing $1 billion in just 24 hours. A whopping 312,551 traders got caught in the crossfire, and the biggest single liquidation happened on Binance’s ETH/USDT pair, totaling nearly $15 million.

Fear is spreading like wildfire. The Crypto Fear and Greed Index plummeted to 40, a sharp fall from last week’s “greedy” 86. Alternative’s tracker painted an even bleaker picture, showing a drop from 49 to 25 overnight.

It’s pretty clear the market’s spooked by rising geopolitical tensions. Trump’s push for new tariffs has traders on edge, and the crypto world, already known for its mood swings, is feeling the heat. Buckle up—this ride’s far from over.