A sudden liquidation storm wiped out $19.3B in leveraged positions within just hours, impacting 1.6M traders globally and shaking the entire crypto landscape.
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🟠 BITCOIN TUMBLES BELOW $121K
One of the largest single-day drops in crypto history sent Bitcoin crashing under $121,000. Total market capitalization plunged from $4.08T, wiping billions in value almost instantly.
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🔴 WHAT TRIGGERED THE SELL-OFF
Markets reacted sharply after Donald Trump announced a 100% tariff on Chinese imports, causing panic across global risk assets and igniting a massive sell wave.
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🟢 KEY LEVELS TO WATCH
Support Zone: $115K – $118K
Resistance: Around $125K 📊 Analysts advise lowering leverage, hedging smartly, and tracking stablecoin flows for early signs of recovery.
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