Crypto Crash: $19.5 Billion Wiped Out In Record-Breaking Liquidation Event
NegativeCryptocurrency

The recent crypto crash has sent shockwaves through the market, wiping out over $19.5 billion in leveraged positions in just 24 hours. This unprecedented event, triggered by sudden US tariff announcements on China, forced 1.6 million traders out of their positions and resulted in Bitcoin experiencing a staggering $20,000 daily swing. The implications are significant, as this crash not only highlights the volatility of the crypto market but also raises concerns about the risks associated with high leverage trading.
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