Analysts say that only this can stop the fall
- Massive liquidations hit the CRIPTO market hit 280k merchant and wiped up in 853 million, primarily, primarily from Bitcoin and Etherum long positions.
- Fear and greed index decreased to “extreme fear” in 23, achieving levels that are not seen since early March as the market feel worse.
- Analysts warn that escalating tensions between the United States and China for Trump’s tariff threats could run a further drop in the market.
- The countries react differently to the Trump Tariff Threats, with Vietnam, Israel and India who dropped tariffs on American products, while China, EU and Canada are thinking about countermeas.
Overnight price Bitcoin They broke through $ 80,000 support support (AI $ 133K), throwing as much as 7% on the daily and trade for $ 78,315 (and in $ 130,926) at the time of writing.
It is a sea of red and no crypto could pass against the trend. Some, like Berachain and BittessorEven in the last day, they saw double-digit losses close to 20%.
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Ethereum, Solana and Dosekoin (down 12%) and XRP (11% below) are all in red, as the chart below shows.
Liquidations cause Maihem to crypto markets
In the meantime, the past 24 hours saw 280k liquidated traders, with a total of 853 million US dollars (and 1.4 billion dollars) in liquidations. As expected, Bitcoin and Etherum had the most long liquidations with $ 246 million (and $ 412 million) and US $ 216 million (A $ 362 million), or data From the emissions of Koinglass.
The fear and greed index, meanwhile slipped back into extreme fear, hit a little from 23 years, something that was not seen since early March.
Analysts in 10K research believe it’s The tariff war swelled Trump It can intensify that China does not appear to give threats now, which could mean more pain.
With Beijing, refusing to return to Trump requirements, the situation could further escalate further, potentially launches spreads in Bitcoin and the crypto market.
10K Research They said that “Bitcoin’s Trend model was a group of $ 96,000,” and there was now 18K US dollars (A $ 30K) now.
Key how countries react to Trump’s tariff threat
And while some countries, like Vietnam, Israel and India announced that it will drop tariffs on American products, other such as China, EU and Canada, they seem to be trump worrying measures.
Others, like Japan, appear to be at least ready to negotiate:
When it comes to how the economy will continue to perform, 10K survey added that economic data proposes the slowdown and art of labor market, in accordance with precise expectations.
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They added that despite the non-pharmaceous lists that provide a justification for harmonious federal reserve reserves is not worth “until the labor market proves more pronounced weakness – something that can require at least two other employment reports.”
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2025-04-07 06:29:00
