$600M Liquidated From Crypto Market Today as BTC Surges to $93K
The crypto market experienced significant liquidations totaling around โฑ33.8 billion in the past 24 hours.
The crypto market experienced significant liquidations totaling around โฑ33.8 billion in the past 24 hours.
President Trumpโs aggressive tariffs rocked global marketsโtriggering sell-offs in crypto, surges in U.S. Treasury yields, and debates over Bitcoinโs long-term value. Hereโs how $BTC is behaving amid economic turbulence.
Crypto analyst Miles Deutscher believes Bitcoin could hit a new all-time high between Q3 2025 and Q1 2026, despite the current crash triggered by Trumpโs tariffs. Hereโs his timeline, altcoin insights, and investment advice.
The price surge aligned with a 90-day pause on most “reciprocal” tariffs announced by President Donald Trump on April 9, 2025, via Truth Social
The global financial markets are also reeling today, with stocks and commodities plummeting as fears of a trade war grip investors.
Ju cited fresh liquidity drying up and new whales selling at lower prices as key indicators of a bear market.
Nearly 256,000 traders were liquidated, with a $5.07 million Bitcoin position on BitMEX marking the largest single liquidation.
Bitcoin price declines to $86,394 as investors react negatively to Trump’s Digital Assets Summit, which provided few specifics on the new U.S. Bitcoin Reserve.
OKX releases its 28th Proof of Reserves (PoR) report, revealing $28.1 billion in assets backing customer funds.
XRP, SOL, and ADA surged in response, with ADA jumping over 72% in the past 24 hours.