The crypto market is experiencing turmoil again with the largest long liquidation for Bitcoin since the beginning of this bull cycle. On April 6, approximately 7,500 Bitcoin in long positions were liquidated, marking the largest single-day long liquidation during this bull run.
The main cause is increased volatility due to uncertainty surrounding Trump’s economic policies, particularly regarding tariffs. This serves as a clear reminder to remain vigilant during periods of heightened volatility like the current one.
However, amidst this uncertainty, optimism for BTC remains. It is important to preserve and protect your capital.