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#ProjectCrypto faced mini heart attack💔🫠 #ERA
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🚨 Major Crypto Correction Hits Markets Amid Global Tensions and Economic Concerns The cryptocurrency market faced a sharp downturn on August 1, 2025, as Bitcoin, Ethereum, and XRP saw significant drops, triggering over $900 million in liquidations. $BTC Bitcoin (BTC) fell from nearly $120,000 earlier in the week to $113,411, a 5.6% decline. $ETH Ethereum (ETH) dropped from $4,000 to $3,518, marking a 10.5% loss. $XRP XRP declined by 10.2%, currently trading at $2.98, down from $3.32. Why Did This Happen? The sharp market slump is attributed to a mix of geopolitical tensions and a weaker-than-expected U.S. jobs report: The U.S. President fired a top labor official just hours after the jobs data was released. The White House imposed new global tariffs, causing global markets to react with fear. The announcement that U.S. nuclear submarines were moving closer to Russian waters added further instability. Market Impact Over $905 million in crypto derivatives were liquidated, with $823 million coming from long positions. Analysts suggest the market could dip further, with some predicting Bitcoin might drop to $80,000 before potentially rebounding in Q4. Despite the bearish trend, 53% of Myriad predictors still believe Bitcoin will reach $125,000 rather than falling to $105,000. #bitcoin #CryptoLife #BTC #tothemoon 🚀 #HODL
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💥 What is Crypto Liquidation? It happens when your leveraged trade is auto-closed by the exchange because your losses wipe out your margin (collateral). Happens in futures or margin trading, not in spot. 🔐 How to Avoid It: 1. ❌ Avoid high leverage — the higher the risk, the easier to lose it all. 2. 🛑 Always use stop-loss — exit early, protect capital. 3. 🔄 Use isolated margin — limit risk to one trade. 4. 💰 Don’t trade full capital — leave safety funds. 5. 📰 Watch market news — big events = big moves. 6. ➕ Add margin if confident — only if you know what you're doing. Beginners? Stick to spot trading. Learn first, earn next. 🚀 #bitcoin #CryptoLife #BTC #tothemoon $BTC 🚀 #HODL
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