Bitcoin has plummeted below the critical $65,000 support level, triggering a violent $464 million liquidation event as fresh tariff uncertainty roils global markets.
Bitcoin has plummeted below the critical $65,000 support level, triggering a violent $464 million liquidation event as fresh tariff uncertainty roils global markets.Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.
Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.The flagship cryptocurrency tumbled by more than 5% to drop below the critical $65,000 threshold in early Asia trading on Monday. Crypto Market Review: XRP's Double Bottom Could Be Key, Bitcoin Is Literally on the Edge, Shiba Inu Price Is Trapped NowThe announcement came shortly after the Supreme Court struck down his previous use of emergency authority to impose The $60,000 level, which was recently identified as the bottom of the current bearish cycle by Fidelity’s Jurrien Timmer, is now back in play. DonAlt, a popular pseudonymous trader, has warned that Bitcoin would need a daily close above $71,000 to avoid a"slow bleed."As reported by U.Today, Anthony Scaramucci of SkyBridge Capital and Strategy’s Michael Saylor recently admitted that Bitcoin was in a bear market. According to data provided by CoinGecko, roughly $464 million worth of crypto has been liquidated over the past 24 hours. Crypto Market Review: XRP's Double Bottom Could Be Key, Bitcoin Is Literally on the Edge, Shiba Inu Price Is Trapped NowCrypto Market Review: XRP's Double Bottom Could Be Key, Bitcoin Is Literally on the Edge, Shiba Inu Price Is Trapped Now
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