Market Shake-Up!
Over $170 million has been liquidated in just the past hour, largely due to the US announcing up to 50% tariffs on UK imports, set to begin on June 1st. This unexpected move has sparked fresh concerns in the global markets, and if the situation escalates further, we could see more volatility ahead.
Bitcoin (BTC) is already reacting, with the price currently around $109,543.5, down 1.29%. A drop toward the $104K level looks increasingly likely. This could present a shorting opportunity for active traders, as the trend appears to be continuing rather than just a temporary dip.
Stay sharp, stay informed—this might be just the beginning.
