Crypto Market Volatility
Bitcoin traded around $88,000, up slightly by 0.22%, while Ethereum hovered near $2,920, gaining 0.94%. The total market cap reached approximately $2.97 trillion, a 0.35% increase.
However, leveraged positions suffered heavy damage, with total liquidations hitting $274.83 million. This included $93.23 million in long positions and $181.60 million in shorts, impacting over 81,700 traders. Ethereum led with $23.94 million liquidated, followed by Bitcoin at $16.8 million.
Macro fears dominated headlines. Rising risks of a U.S. government shutdown and renewed tariff threats created uncertainty, fueling a risk-off rotation. Investors rotated into gold and silver amid low-liquidity trading, putting downward pressure on crypto and contributing to the liquidation cascade.
These events highlight how political instability can quickly amplify market stress, even as crypto attempts a cautious rebound.
Stay tuned for tomorrow’s pulse!
