📰 [NEWS] "Crypto Black Monday" Sparks Bear Market Fears - $1B Liquidated in 48 Hours
The crypto market saw its worst weekend of 2025 as $1 billion in long positions were liquidated, triggering a 10% market-wide crash and comparisons to historic financial collapses.
Key Details:
• Mass Liquidation Event: $850M (85%) of wiped positions were longs, per CoinG
lass data
• Top Losers: XRP (-15.4%), Ethereum (-14.3%), Bitcoin (-8%) at $77,030 support level
• Market Cap Plunge: Total crypto valuation dropped to $2.5T, lowest since February 2025
• Historical Parallel: 10% single-day drop mirrors 1987's Black Monday (-22% DJIA)
Potential Impacts:
👉 Tariff Domino Effect: Proposed 35% U.S. tariffs on Chinese EVs (per WSJ) threaten global supply chains
👉 Bear Market Scenario: JPMorgan analysts warn of "18-24 month correction" if recession hits
👉 Contrarian Opportunity: Goldman Sachs reports institutional buyers accumulating BTC at $75k-$77k range
Market Sentiment:
📉 AAII Sentiment Survey shows 61.9% bearish outlook (vs. 30.5% historical average)
📈 Matrixport predicts "technical rebound within 2-3 weeks" if tariffs clarified
#BTCBelow80k #DeversifyYourAssets #TrumpTariffs
📌 Disclaimer:
This report synthesizes public market data and analyst commentary. Not financial advice. Always conduct independent research. Price data as of 08/04/2025 14:00 UTC.
Key Sources:
CoinGlass Liquidation Heatmap
U.S. Treasury Tariff Proposal
AAII Investor Sentiment Survey