🚨 $580M Crypto Longs Wiped as Bitcoin Slides Toward $78K Market on Edge Ahead of Global Triggers

Crypto markets saw a brutal flush as Bitcoin slipped near $78K, triggering nearly $580M in long liquidations across derivatives markets. The move highlights how overleveraged positions are getting punished in a volatile macro environment, with traders rapidly de-risking ahead of key global events.

With Iran-related geopolitical tensions, upcoming Fed minutes, and Nvidia earnings all in focus, volatility is expected to stay elevated in the coming days.

Traders are now watching whether $BTC can hold key support or face deeper downside if risk-off sentiment continues.

BTC

78,275.8

+0.45%