According to Golden Finance, on March 4, cryptocurrencies collectively plunged, and Bitcoin fell below $83,000 during the session, with a drop of more than 11% in 24 hours, Ethereum fell more than 17%, and Ada fell more than 28%. Coinglass data shows that in the past 24 hours, the entire network contract liquidation of cryptocurrency has exceeded US$1 billion, and the number of liquidation has exceeded 310,000. In the secondary market, most cryptocurrency concept stocks in Hong Kong stocks also fell. Boya Interactive once fell more than 13%, Oke Cloud Chain once fell more than 21%, and OSL Group fell more than 3%. Analysts pointed out that the currency circle's resurgence is related to Trump's latest remarks. Trump said on March 3 local time that reciprocal tariffs will begin on April 2, and the United States imposed a 25% tariff on Mexican and Canadian goods will take effect on March 4. After the above news spread, investors' concerns about the "trade war" intensified, and they sold risky assets such as US technology stocks and cryptocurrencies. (Broker China)