Bitcoin took a dip, shaking out some leveraged traders after hitting $105,915! 📉 Long positions worth over $300 million got liquidated. 💥 Was it just profit-taking after new all-time highs, or is there more to the story? 🤔
The Trump-Musk feud is adding fuel to the fire, with Musk warning that Trump's tariff plans could trigger a recession. ⚡️ Some analysts agree, suggesting that the uncertainty could delay monetary easing and slow down growth. 😬
Meanwhile, data shows long-term Bitcoin holders are selling off, potentially increasing the chance of a short-term correction. 😬 Even other major cryptos like Ether, XRP, and Solana saw significant drops. 🔥 Total crypto liquidations soared to nearly $1 billion. 📢 Are we headed for a bumpy ride?
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