Crypto market hit by $871M in liquidations
More than $871 million worth of positions were liquidated across the crypto market in the last 24 hours, mostly affecting longs.
The catalyst came from geopolitical comments by Donald Trump, including remarks on Greenland and threats of new trade tariffs targeting the EU. The downturn intensified after Asian markets opened and US futures went live.
BTC briefly traded below $91,900, ETH dipped under $3,200, with altcoins declining much more sharply.
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