$518,000,000 in Bitcoin and Crypto Liquidated As Trump’s Tariffs Rock Global Markets
Crypto assets are witnessing a fresh wave of liquidations as President Trump’s new tariffs rock global markets.
Trump new blanket tariffs target a long list of nations and go further than many analysts expected, sparking widespread economic uncertainty and volatility in both traditional and digital asset markets.
Bitcoin’s price has plummeted from a 24-hour high of $87,790 down to $82,223 at time of publishing, with $518 billion in liquidations hitting BTC and the digital asset market at large in the last day, according to CoinGlass.
The Dow Jones Industrial Average is down more than 1,000 points in after-hours trading, the S&P 500 futures have dropped by 3.5% and the Nasdaq 100 futures have dropped 4.2%.
Trump has signed…
