According to @MilkRoadDaily, China weaponized its rare earth exports, escalating trade tensions that were followed hours later by a 100% U.S. tariff on all Chinese goods, triggering a broad market panic, source: @MilkRoadDaily. According to @MilkRoadDaily, BTC fell by 20,000 USD within minutes, pulling the entire crypto market lower, source: @MilkRoadDaily. According to @MilkRoadDaily, the stablecoin USDe depegged to as low as 0.62 USD, source: @MilkRoadDaily. According to @MilkRoadDaily, ATOM nearly went to zero during the crash, source: @MilkRoadDaily. According to @MilkRoadDaily, ENA dropped by nearly 80% and SOL fell about 40%, source: @MilkRoadDaily. According to @MilkRoadDaily, over 19 billion USD in leverage was wiped out as exchanges triggered Auto Deleveraging that closed positions even for traders who were in profit, source: @MilkRoadDaily. According to @MilkRoadDaily, this sequence produced one of the most violent days the crypto market has seen, underscoring extreme liquidity and ADL risk during macro shocks, source: @MilkRoadDaily.