BITCOIN AND CRYPTO TRADERS LOSE OVER $2.25 BILLION IN LIQUIDATIONS DUE TO TRUMP’S TARIFFS

BITCOIN AND CRYPTO TRADERS LOSE OVER $2.25 BILLION IN LIQUIDATIONS DUE TO TRUMP’S TARIFFS
Bitcoin corrected to $91,231 on Monday, dragging down altcoins in a broader market correction.
President Trump's tariff announcements triggered a global market crash, impacting Bitcoin and other cryptocurrencies.
Derivatives markets saw the largest single-day liquidation, surpassing even the LUNA-UST collapse in May 2022.
Bitcoin’s price drop wiped out January’s gains as traders reacted to tariff news and expectations of inflationary pressures.
Crypto traders lost over $2.25 billion in liquidations, a significant blow to leveraged positions.