Internet reports that on March 4, cryptocurrencies collectively plunged. Bitcoin once fell below US$83,000 in intraday trading, falling more than 11% in 24 hours, Ethereum fell more than 17%, and Ida fell more than 28%. Coinglass data shows that in the past 24 hours, more than US$1 billion in cryptocurrency contracts have been sold across the network, with more than 310,000 people selling positions. In the secondary market, most Hong Kong stock cryptocurrency concept stocks also fell. Boya Interactive once fell more than 13%, Ouke Cloud Chain once fell more than 21%, and OSL Group fell more than 3%. Analysts pointed out that the currency circle fell again, which was related to Trump's latest remarks. Trump said on March 3 local time that reciprocal tariffs will be levied on April 2, and the United States will impose a 25% tariff on Mexican and Canadian goods that will take effect on March 4. After the above news spread, investors became more concerned about the "trade war" and sold off risky assets such as U.S. technology stocks and cryptocurrencies. (Broker China)