Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back — TradingView News
Data shows the cryptocurrency market has witnessed massive liquidations during the past day following the recovery Bitcoin and the altcoins have made.
Bitcoin & Altcoins Have Jumped Back Following Trump’s Announcement
Bitcoin and the rest of the cryptocurrency sector ended February on a very bearish note, as the market went through a deep drawdown that took BTC to as low as $78,000. In a flash, however, the digital assets have seen their fates flip during the past day.
The impetus behind the recovery move has been Donald Trump’s announcement of a Crypto Strategic Reserve that includes Bitcoin, Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA).
The announcement came through the president’s official Truth Social handle. In the…
