In the last 24 hours, an unexpected course was observed in the crypto money market. 156,601 participants who traded were subjected to liquidation due to the mobility that took place contrary to market estimates. Total liquidation reached 573.19 million dollars.
Liquidations in crypto currencies
Bitcoin increased by more than 8 %after declining to $ 74,589 in the daily and reached $ 82,942.43. This sudden rise caused damage to investors in the short position, while the $ 4.47 million transaction on the OKX stock exchange was the largest liquidation. Bitcoin Short positioners damaged $ 137 million, while Long positions were affected by 87.77 million dollars. 161.71 million dollars in Ethereum, XRP 26.75 million dollars liquidation took place.
While the commercial tension between the US and China creating uncertainty in the market, new policies were presented to the attention of investors. The US President announced the 90 -day tariff pause application for negotiation countries.
However, certain countries, especially China, are exposed to 125%tariff application due to the exposure to risk factors in the market are not reset. This situation created extra uncertainty in short -term transactions, but could not prevent rise.
Market estimation
Since April, the price of Bitcoin has not been below 74 thousand dollars. Market experts say that this level is important for investor confidence. While some sector representatives suggest positive views in terms of persistence, they are cautious about the long -term effects of existing tensions.
Bitcoin defender Samson Mow interpreted price fluctuations as a mini ‘Godzilla’ effect.
The opinion that the market enters the normalization process, but continues to be a risk element of unexpected developments. Technical analyzes emphasize the necessity of investors to be careful and give importance to risk management.
This mobility in the crypto currency market is shaped by the influence of global trade policies and economic uncertainties. The fact that investors closely monitor the market dynamics can be considered as an important step in uncertainty.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
