Global Trade Fears and Leverage Cascade Trigger $200 Billion Crypto Market Collapse
- Over $1.8B in long positions liquidated as traders misjudged the market bottom.
- Tariff wars and rising inflation fears push investors away from risk assets.
- U.S. tax policies on crypto holdings add further selling pressure.
The crypto market is in freefall, with close to a $200 billion drop in total market value in the last day. Bitcoin and major altcoins tumbled as traders reconsidered their positions.
Experts point to two main things for the sharp downturn: growing global trade tensions and a wave of leveraged liquidations.
Tariff Wars, Fuel Inflation Concerns, Strengthening the Dollar
The U.S. government under the Trump administration is putting in place new tariffs on several countries, including China, Canada, Mexico, and even the European Union and BRICS nations.
This move is raising fears of higher i…
The post Global Trade Fears and Leverage Cascade Trigger $200 Billion Crypto Market Collapse appeared first on Coin Edition.
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Global Trade Fears and Leverage Cascade Trigger $200 Billion Crypto Market Collapse
- Over $1.8B in long positions liquidated as traders misjudged the market bottom.
- Tariff wars and rising inflation fears push investors away from risk assets.
- U.S. tax policies on crypto holdings add further selling pressure.
The crypto market is in freefall, with close to a $200 billion drop in total market value in the last day. Bitcoin and major altcoins tumbled as traders reconsidered their positions.
Experts point to two main things for the sharp downturn: growing global trade tensions and a wave of leveraged liquidations.
Tariff Wars, Fuel Inflation Concerns, Strengthening the Dollar
The U.S. government under the Trump administration is putting in place new tariffs on several countries, including China, Canada, Mexico, and even the European Union and BRICS nations.
This move is raising fears of higher i…
The post Global Trade Fears and Leverage Cascade Trigger $200 Billion Crypto Market Collapse appeared first on Coin Edition.
Read More