Tariff ‘Liberation Day’ sparks liquidation in crypto market
- Bitcoin price remains under selling pressure around $82,000 on Friday after failing to close above key resistance earlier this week.
- Donald Trump’s tariff announcement on Wednesday swept $200 billion from total crypto market capitalization and triggered a wave of liquidations.
- US Bitcoin spot ETFs recorded a total net outflow of $107.81 million until Thursday.
Bitcoin (BTC) price remains under selling pressure and trades near $84,000 when writing on Friday after a rejection from a key resistance level earlier this week. Volatility in the crypto market was fueled by United States (US) President Donald Trump’s tariff announcement on Wednesday, which has swept $200 billion from total market capitalization and…
