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Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 20,111,631. The last known price of Bitcoin is 68,229.80907922 USD and is down -4.02 over the last 24 hours. It is currently trading on 12780 active market(s) with $42,739,134,877.94 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Bitcoin

Bitcoins sharp selloff and reports of heavy leveraged-position liquidations are driving the conversation, with traders debating whether the move marks capitulation or signals more downside. Some see a buying opportunity and expect a bounce, while others cite weak support and fear of further crypto-market losses.

XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,985,583,260 with 63,516,606,953 in circulation. The last known price of XRP is 1.0099454 USD and is down -2.36 over the last 24 hours. It is currently trading on 1896 active market(s) with $2,532,309,467.05 traded over the last 24 hours. More information can be found at https://xrpl.org/.

Ripple

XRP is drawing attention after a sharp slide alongside Bitcoin and the broader crypto market, with traders pointing to market-wide selling rather than a confirmed XRP-specific catalyst. The break below a key psychological level has fueled fears of further losses, while other traders see an oversold dip and are accumulating.

Dogecoin (DOGE) is a cryptocurrency . Users are able to generate DOGE through the process of mining. Dogecoin has a current supply of 156,738,272,860.16806072. The last known price of Dogecoin is 0.06457313 USD and is down -2.71 over the last 24 hours. It is currently trading on 1545 active market(s) with $672,498,596.98 traded over the last 24 hours. More information can be found at http://dogecoin.com/.

Dogecoin

Dogecoins sharp drop alongside a broader crypto selloff dominates the discussion, with traders worried about fresh multi-year lows and further losses. Others see the weakness as a buying opportunity, citing dip-buying and possible technical signs of a rebound.

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 122,215,668.80579185. The last known price of Ethereum is 1,929.81008702 USD and is down -4.05 over the last 24 hours. It is currently trading on 14342 active market(s) with $15,325,408,368.61 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.

Ethereum

Ethereum is caught in a broad crypto selloff, with traders citing Bitcoin weakness and forced liquidations alongside wider risk-off pressure and macro concerns. Sentiment is split between calls that the decline may be capitulation and expectations of further losses, while some traders are buying the dip.

Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 44,327,140,678.86417527 in circulation. The last known price of Hedera is 0.06118377 USD and is down -3.83 over the last 24 hours. It is currently trading on 468 active market(s) with $73,346,897.90 traded over the last 24 hours. More information can be found at https://www.hedera.com/.

Hedera Hashgraph

HBAR is drawing attention after traders linked its sharp rally to Nvidias involvement in the Hedera Council and Hederas presence in Nvidias Open Agent Safety Platform. The community is split between viewing the AI association as a meaningful catalyst and calling the move hype or a sell-the-news pump as the token pulls back.

Zcash (ZEC) is a cryptocurrency . Users are able to generate ZEC through the process of mining. Zcash has a current supply of 16,964,197.93006099. The last known price of Zcash is 932.62986485 USD and is down -2.50 over the last 24 hours. It is currently trading on 670 active market(s) with $1,142,095,783.67 traded over the last 24 hours. More information can be found at https://z.cash/.

Zcash

Zcash is drawing attention amid a steep pullback from recent highs, with traders discussing weakening support, possible liquidations and broader crypto-market pressure. The community is split between calling the drop an oversold buying opportunity and expecting more downside; some also point to Zcashs privacy features and network upgrades as reasons for longer-term optimism.

Cardano (ADA) is a cryptocurrency launched in 2017. Cardano has a current supply of 44,994,648,344.194204 with 36,816,370,531.313927 in circulation. The last known price of Cardano is 0.16792499 USD and is down -4.07 over the last 24 hours. It is currently trading on 1752 active market(s) with $304,416,326.91 traded over the last 24 hours. More information can be found at https://www.cardano.org.

Cardano

Cardanos steep selloff is driving widespread bearish frustration, with some traders tying the loss of confidence to Charles Hoskinsons statement that the networks roadmap is complete and future progress depends on community governance and applications. Others are buying the dip and anticipating a rebound, leaving the conversation split between fears of further losses and hopes for recovery.

Solana (SOL) is a cryptocurrency launched in 2020. Solana has a current supply of 637,493,507.45679271 with 591,519,914.8768357 in circulation. The last known price of Solana is 77.75210106 USD and is down -4.52 over the last 24 hours. It is currently trading on 1189 active market(s) with $3,771,510,230.13 traded over the last 24 hours. More information can be found at https://solana.com.

Solana

Solana is drawing attention amid a sharp broader crypto selloff, with traders noting heavy downside pressure and a break below a closely watched support area as Bitcoin and other major tokens also fall. The community is split between buying the dip and expecting further declines, with some attributing the weakness to political or security concerns but no single explanation emerging as consensus.

Quant (QNT) is a cryptocurrency and operates on the Ethereum platform. Quant has a current supply of 14,881,364 with 12,072,738 in circulation. The last known price of Quant is 159.21664083 USD and is down -1.76 over the last 24 hours. It is currently trading on 414 active market(s) with $110,625,382.40 traded over the last 24 hours. More information can be found at https://quant.network/.

Quant

Quant is drawing attention after a steep selloff alongside broader crypto weakness, with traders debating whether the pullback has further to run or is a buying opportunity. Many are accumulating on weakness based on the long-term tokenized-banking and Clearing House thesis, while skeptics question the tokens near-term demand before the network goes live.

Stellar (XLM) is a cryptocurrency launched in 2014. Stellar has a current supply of 50,001,786,837.39707 with 35,407,571,868.045494 in circulation. The last known price of Stellar is 0.14587805 USD and is down -1.99 over the last 24 hours. It is currently trading on 848 active market(s) with $216,910,874.56 traded over the last 24 hours. More information can be found at https://www.stellar.org.

Stellar Lumens

XLM is drawing attention for a sharp slide amid broader crypto weakness, with traders focused on persistent selling and its failure to hold recent levels. Bearish posts call it a continuing breakdown, while others are buying the dip and arguing that Stellars tokenization and DTCC-related prospects may support the longer-term case despite muted price action.

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Tesla, Rivian In For A Rough Ride? Senator Warns Trump Could Let Chinese EV Makers Into America Under Xi Deal 

Equity

Slotkin called the rumored move a “strategic mistake” that could threaten 1.2 million Michigan auto-related jobs and broader U.S. manufacturing.

GM, Ford Stocks Slip As China-Dutch Chip Dispute Over Nexperia Sparks Fresh Supply Chain Fears

The dispute erupted after the Dutch government seized control of Chinese-owned Nexperia over security concerns, triggering retaliation from Beijing and raising fears of another supply shock for the auto industry.

Ford, Toyota, Renault, Volkswagen, Audi Turn To Chinese EV Platforms — A New ‘Intel Inside’ For Cars

Global carmakers are cutting costs and years off development by licensing ready-made Chinese EV platforms, batteries and software.

QuantumScape Corp Fails To Attract Positive Retail Sentiment Despite Lucrative Volkswagen Deal

The deal comes from long-time partner Volkswagen and cleared investor concerns about the automaker preferring another firm. Despite a positive Street view and a surging stock, retail investors are yet to be convinced.

Volkswagen AG engages in the business of developing vehicles and components for the brands of the group. It operates through the following segments: Passenger Cars and Light Commercial Vehicles; Commercial Vehicles; Power Engineering; and Financial Services. The Passenger Cars and Light Commercial Vehicles segment includes developing vehicles, engines, and vehicle software; producing and selling passenger cars and light commercial vehicles; and the corresponding genuine parts business. The Commercial Vehicles segment focuses on trucks, buses, corresponding genuine parts business, and related services. The Power Engineering segment is involved in large-bore diesel engines, turbomachinery, and propulsion components business. The Financial Services segment provides dealer and customer financing, leasing, banking, insurance, and fleet management services. The company was founded on May 28, 1937 and is headquartered in Wolfsburg, Germany.

Volkswagen AG

Neutral Sentiment

<ul class="summary-bullets"><li>Chinese EVs currently face a 100% additional tariff, connected-vehicle restrictions and a separate 25% tariff on imported vehicles.</li><li>BYD sold 2.26 million EVs in 2025, compared with Tesla’s 1.64 million deliveries.</li><li>BYD is expanding in Canada and Mexico, while XPeng, Nio and Li Auto maintain U.S. research operations.</li></ul><p>Tesla and Rivian&nbsp;could face unexpected volatility&nbsp;as Senator Elissa Slotkin said President Donald Trump may be considering U.S. market access for Chinese cars as part of a broader deal with Chinese President Xi Jinping.</p><h2 class="st-heading-2"><strong>Senator Sounds Alarm Over Chinese Cars&nbsp;</strong></h2><p>The Michigan Democrat raised the claim on Wednesday ahead of an expected Xi visit to Washington “in just a few weeks.” However, the White House has not announced plans to remove the tariffs and national-security restrictions that currently keep Chinese passenger vehicles out of the U.S. market.</p><p>“We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal he’s putting together,” Slotkin&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/SenatorSlotkin/status/2097720804486045831">said on X</a>. She called such a move a “strategic mistake” that would “irrevocably impact” the 1.2 million Michigan jobs directly or indirectly tied to the auto industry, as well as America’s wider manufacturing capacity.</p><p>Slotkin pointed to Germany as a warning, saying Chinese-owned automakers have captured around 8% of its market since entering in 2021 as Volkswagen moves to eliminate 50,000 jobs. “The CCP is seeking global auto dominance, using the same playbook they have for decades: artificially keeping prices low through government subsidies, abusing weak international trade systems, and then undercutting domestic manufacturing to put it out of business,” she said.</p><h2 class="st-heading-2"><strong>Chinese Cars Face Steep US Barriers&nbsp;</strong></h2><p>Chinese-made EVs already face a series of U.S. barriers. In 2024, the Biden administration increased the additional Section 301 tariff on Chinese EVs from 25% to 100% and raised the tariff on lithium-ion EV batteries from 7.5% to 25%.</p><p>The Commerce Department followed in January 2025 with a rule restricting connected vehicles linked to Chinese or Russian software and hardware. Its software limits take effect for model year 2027, with hardware restrictions following later. Trump added a separate 25% tariff on imported passenger vehicles and light trucks in April 2025. Combined with the China-specific duties and connected-vehicle rules, the measures make Chinese passenger-vehicle imports commercially hard today.</p><h2 class="st-heading-2"><strong>Lawmakers Push Chinese Vehicle Ban&nbsp;</strong></h2><p>Trump has not backed imports of Chinese-made passenger cars, but in January he welcomed Chinese automakers willing to manufacture in America. “If they want to come in, and build the plant, and hire you and hire your friends and your neighbors, that’s great,” Trump said. “Let China come in. Let Japan come in.”</p><p>Sens. Elissa Slotkin and Bernie Moreno introduced the bipartisan Connected Vehicle Security Act in April, seeking to ban vehicles, software and hardware linked to entities with more than 15% Chinese ownership. Ahead of Trump’s May summit with Xi, Slotkin warned: “Please don’t make a bad deal,” while Rep. Don Beyer said: “The only thing that terrifies me is BYD.”</p><h2 class="st-heading-2"><strong>Chinese EVs Could Pressure TSLA, RIVN&nbsp;</strong></h2><p>Lower-cost Chinese cars could create pricing pressure for Tesla and Rivian if U.S. barriers fall. BYD sold 2.26 million EVs in 2025, compared with Tesla’s 1.64 million deliveries. Tesla faces added complexity as it produces cars in Shanghai and competes directly with BYD in China. During the 2025 trade dispute, it stopped taking Chinese orders for its U.S.-built Model S and Model X after Beijing raised tariffs.</p><p>Chinese passenger brands are currently absent from U.S. showrooms, but they are expanding nearby. BYD is preparing two models for Canada and reportedly planning six dealerships there. Canada initially permits 49,000 Chinese EVs annually at a 6.1% tariff, while Chinese-made vehicles already account for roughly one in five sales in Mexico.</p><p>BYD executive Stella Li has said those expansions target Canada and Mexico, not a back-door entry into the U.S. XPeng, Nio and Li Auto also maintain U.S. research or development operations, although none has announced an American retail launch. XPeng Co-President Brian Gu said in April that “the U.S. is definitely somewhere we have to look.”</p><p>Meanwhile, the Trump administration is scrutinizing American automakers’ ties to China, with Transportation Secretary Sean Duffy this week criticizing Ford’s relationships with CATL, Geely and BYD.</p><h2 class="st-heading-2"><strong>How Do Retail Traders Feel About TSLA And RIVN?</strong></h2><p>On Stocktwits, retail sentiment for both TSLA and RIVN was ‘bearish,’ with TSLA seeing ‘high’ message volume and RIVN recording ‘normal’ chatter.&nbsp;</p><p>While&nbsp;<a href="https://stocktwits.com/symbol/TSLA">TSLA stock</a> has risen 6% over the past year,&nbsp;<a href="https://stocktwits.com/symbol/RIVN">RIVN</a> has advanced 15% over the same period.&nbsp;</p><p><i>For updates and corrections, email newsroom[at]stocktwits[dot]com.</i></p><p>Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/sls-ibrx-canadian-insurance-giant-manulife-unit-raises-stakes-cancer-catalysts/cZt9D8URJCe">SLS, IBRX In Focus: Canadian Insurance Giant Manulife’s Unit Raises Stakes Ahead Of Key Cancer Catalysts&nbsp;</a></p>

US President Donald Trump meets with Chinese President Xi Jinping in Beijing, China on May 14, 2026.

Tesla, Rivian In For A Rough Ride? Senator Warns Trump Could Let Chinese EV Makers Into America Under Xi Deal

BYD Co

BYD Co Ltd/ADR

Li Auto Inc - ADR

NIO Inc

Rivian Automotive Inc

Volkswagen A G

XPeng Inc - ADR

Up more than 1%

Flat to up 1%

Flat to down 1%

Down more than 1%

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