Crypto markets saw a sharp pullback on Monday, triggering over $500 million in long liquidations. Bitcoin slipped from weekend highs, while traders reacted to de-escalating US-China trade tensions. Major altcoins like dogecoin, cardano, and solana fell by 5-7%, while ether products saw $170 million in liquidations. Analysts warn that macro concerns will drive the market until the next Fed meeting in June.

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