💥Massive Liquidations Followed by a Strong Recovery
The cryptocurrency market experienced an intense day with the liquidation of $270 million in 24 hours. Despite this setback, Bitcoin, $XRP , #solana , and Dogecoin led a remarkable recovery, with $DOGE at the forefront thanks to an unexpected daily increase of 6%.
The liquidation primarily affected those betting on a decline. Optimism is returning to the market, driven by the activity of large investors and political stability, following recent statements by President Trump regarding the Federal Reserve. Will this be the beginning of a sustained bullish trend for ETH, XRP, and $SOL ? Time will tell.