⚠️ Bitcoin Drops Below $80,000 – $1B in Liquidations
🩸 Bitcoin fell below the $80,000 mark on Sunday, triggering nearly $1 billion in liquidations. The drop came amid rising inflation concerns and overall weakness in global financial markets.
🔽 Roughly $885 million of the liquidations were from long positions, with over 321,000 traders liquidated in a single day. The broader crypto market saw a 2.45% decline, while Bitcoin still dominates with 62% market share.
📉 Meanwhile, the announcement of Trump-era tariffs wiped out $8.2 trillion from the stock market, surpassing losses seen in the worst week of the 2008 financial crisis.
#bitcoin #Liquidation #BitcoinLiquidation
🩸 Bitcoin fell below the $80,000 mark on Sunday, triggering nearly $1 billion in liquidations. The drop came amid rising inflation concerns and overall weakness in global financial markets.
🔽 Roughly $885 million of the liquidations were from long positions, with over 321,000 traders liquidated in a single day. The broader crypto market saw a 2.45% decline, while Bitcoin still dominates with 62% market share.
📉 Meanwhile, the announcement of Trump-era tariffs wiped out $8.2 trillion from the stock market, surpassing losses seen in the worst week of the 2008 financial crisis.
#bitcoin #Liquidation #BitcoinLiquidation
12 days ago
