🔻Bitcoin has dropped below $80,000 as investor sentiment deteriorates amid rising geopolitical tensions. In the past 24 hours, liquidations surged to $590 million, mostly from long positions. The long-to-short ratio fell to 0.89, reflecting growing trader skepticism.
🔻The broader crypto market declined by 2.45%, with total capitalization falling to $2.59 trillion. The pressure is further fueled by macroeconomic risks, including Trump’s new tariff policies and a warning from the Fed Chair about potential stagflation.
🔻With uncertainty mounting, volatility is expected to remain high in the coming days.