🚨 Breaking: \$266M Liquidated in 24 Hours as Crypto Market Dips 📉
The crypto market just witnessed a massive shakeout: over **\$266 million** in positions were liquidated within the past 24 hours. Long positions bore the brunt, accounting for **\$204 million** of the total liquidations.
This sudden volatility coincides with Bitcoin$BTC hovering around **\$108,000**, following U.S. President Trump's announcement of a **50% tariff on European Union imports**. The news sent shockwaves through financial markets, with crypto bulls losing approximately **\$500 million** in the aftermath. ([Yahoo Finance][2], [CoinDesk][3])
Meanwhile, $ETH Ethereum is trading at **\$2,561.65**, down **0.61%**, and $BNB BNB has seen a slight uptick to **\$676.29**, up **1.02%*
#cryptocrash #BTC #liquidation #BinanceSquare #CryptoNews
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What's your take on this market movement?
* Are we entering a bearish phase, or is this a temporary correction?
* How are you adjusting your trading strategy in response to these developments?
Share your insights and join the discussion below. Let's navigate this market turbulence together!