⚡ Crypto Flash Crash Recap ⚡

📉 Bitcoin & XRP Dive – Analysts point to Trump’s tariffs as the trigger.

🔻 Key Market Damage:

$950M in long positions liquidated in 24H 😱

ETH: $320M wiped out 💥

BTC: $277M gone 💸

SOL, XRP, DOGE: $90M liquidations combined

📊 Price Action:

BTC fell below $110K

ETH slid from $4,700 → $4,400

XRP dropped to $2.90

Volatility: BTC 15% → 38% 🚀 | ETH 41% → 70% ⚡

📌 Tariffs = Indirect Threat

Higher inflation 📈

Weaker real wages 💵

Lower risk appetite → less money for crypto 🚫

💣 Flash Crash Trigger:

24,000 BTC (~$2.7B) sold during thin liquidity

Wiped out $500M in leveraged positions in minutes ⏱️

📅 What’s Next?

US GDP (Aug 28) & Unemployment Data (Sept) = Major volatility ahead 📉📈

#Bitcoin #XRP #Ethereum #CryptoCrash #Trump #Tariffs #BTC #ETH #XRP #SOL #DOGE