Bitcoin Slides 3% as US–EU Tensions Trigger $864 Million in Crypto Liquidations
Mohammedia – Bitcoin prices fell sharply on Monday as renewed geopolitical tensions between the United States and the European Union unsettled global markets and triggered heavy losses across the cryptocurrency sector.
Bitcoin dropped about 3% during early Asian trading, sliding from around $95,400 to as low as $92,284 before stabilizing slightly above $92,600 later in the session.
The decline came amid broader losses across major digital assets, with Ethereum, BNB, XRP, and Solana all recording notable drops. As a result, the total value of the global crypto market fell by nearly 3% to approximately $3.22 trillion.
The price fall was accompanied by a surge in liquidations, a process where leveraged trading positions are…
