#Bitcoin Drops Sharply as $195M in Longs Get Liquidated Following Tariff Shock
Bitcoin has faced heavy selling pressure, dropping nearly 4% to around $113,000 after tariff-related news from Donald Trump triggered market panic. The sudden shift caught long traders off guard, resulting in over $195 million in liquidations across major exchanges.
CryptoQuant data confirms the spike in liquidations, showing a surge in green bars right after the price broke down. Before the drop, Bitcoin had been moving sideways. But the news quickly fueled selling pressure, leading to a long squeeze and a cascade of forced sell-offs.
At its lowest, BTC touched $113K before slightly recovering toward $115K. However, the market remains on edge. With uncertainty in the air, traders are expected to stay cautious.
If similar headlines keep shaking sentiment, more liquidations and downside risks could follow. For now, all eyes are on the next move—and risk management remains key.
$BTC | BTCUSDT (Perp)
Current: 113,631.5 | +0.46%
