Crypto Market Dips as Liquidations, ETF Outflows, and Geopolitical Tensions Weigh on Sentiment
Bitcoin and major altcoins continue to slide days after the largest-ever forced liquidations.
The crypto market dropped on Tuesday after Monday’s brief rebound, as investors shied away from risky assets following the largest wave of crypto liquidations in history on Friday.
Bitcoin (BTC) fell about 2% to around $112,000, while Ethereum (ETH) slipped to $4,040.
Other Top 10 tokens also slid lower: BNB dropped 5.5% to $1,212 after hitting another all-time high of around $1,370 on Monday. This comes amid fear, uncertainty, and doubt (FUD) surrounding USDe’s brief depeg on Binance on Friday, which triggered mass liquidations.
However, earlier today, Binance revealed plans to support liquidated users with $300 million in token vouchers and…
