🔻 The crypto market has shaken: liquidations of $600 million after Bitcoin fell below $104K
In the last 24 hours, the cryptocurrency market has experienced a sharp decline: the price of Bitcoin dropped below the $104,000 mark, leading to mass liquidations totaling over $688 million — the largest losses since February of this year.
Key facts:
• The total amount of liquidations reached $688 million, of which 89% were long positions — indicating a predominance of optimistic (bullish) expectations among traders.
• 📉 Additional pressure on the market was caused by a statement from US President Donald Trump regarding increased tariffs on imports of Chinese steel and aluminum. This raised concerns in global trading markets and heightened anxiety among cryptocurrency investors.
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🔍 Comment: Such events demonstrate the high level of volatility in the crypto market, as well as its sensitivity to geopolitical statements and macroeconomic factors.#BTC走势分析 $BTC
