In brief
- Bitcoin, Ethereum, and XRP all continued a dayslong slump Friday, helping push crypto liquidations over the $900 million mark.
- The overwhelming majority of those liquidations, over $823 million worth, were of long positions.
- The downturn was due mainly to macro political and economic factors, including a poor U.S. jobs report, new sweeping global tariffs from the Trump administration, and escalating tensions with Russia.
Top cryptocurrencies pushed deeper into the red after a days-long slump Friday, triggering over $900 million dollars in liquidations, as global unrest and a poor U.S. jobs report impacted markets before the weekend.
Bitcoin, which nearly eclipsed $120,000 towards the beginning of the week, has fallen to…
