The cryptocurrency market recently experienced significant liquidations totaling $221 million, with a substantial portion coming from long positions. This event was triggered by various factors, including ¹ ² ³:

- *Market Volatility*: Bitcoin's price fluctuations led to a wave of liquidations, with long positions accounting for $155 million and short positions contributing $65.29 million.

- *Geopolitical Events*: Tariff announcements by Donald Trump against Canada, China, and Mexico sparked retaliatory measures, causing investors to flee to safe-haven assets and resulting in $1.22 billion in crypto liquidations.

- *Economic Indicators*: Anticipation of FOMC and CPI reports contributed to the decline in cryptocurrency prices, with Bitcoin and Ethereum experiencing significant losses.

*Liquidation Breakdown:*

- *Total Liquidations*: $221 million

- *Long Positions*: $155 million

- *Short Positions*: $65.29 million

- *Traders Affected*: 85,525

*Notable Liquidations:*

- *Bitcoin*: $132.60 million in liquidations, mostly from short positions

- *Ethereum*: $221.54 million in liquidations, primarily from long positions

The cryptocurrency market is known for its volatility, and such events can have a significant impact on investor sentiment and market trends ⁴.#TrumpMediaBitcoinTreasury #AmericanBitcoinLaunchAmericanBitcoinLaunch #AmericanBitcoinRevolution