The crypto market once again faced a "flash crash," with BTC falling below $109,000 at one point, and ETH dropping more than 14% over the past 7 days.

ChainThink report, on September 26, the cryptocurrency market once again experienced a "crash", with BTC falling below 109,000 USD, dropping more than 4% in 24 hours; the total market capitalization of cryptocurrencies has fallen to 3.823 trillion USD, dropping more than 4.5% in 24 hours.

The market has continued to decline for several days, with BTC falling 6.32% over the past 7 days, and ETH falling more than 14% during the same period; the performance of altcoins has generally declined, with the TOTAL3 index (total market capitalization of cryptocurrencies excluding BTC and ETH) falling 9.30% over the past 7 days.

On the news front, Trump announced this morning several tariff measures, including imposing a 25% tariff on all imported heavy trucks, a 50% tariff on all kitchen cabinets, bathroom vanities, and related products, a 30% tariff on padded furniture, and a 100% tariff on medicines from companies that have not started construction of pharmaceutical plants in the United States. Trump stated that the above tariff measures will take effect starting October 1 of this year.