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Tariffs collapsed! BTC risks breaking 85000, Ethereum falls below $2100, over 230,000 people's contracts were liquidated for 820 million yuan.
As the U.S.-Mexico tariffs will take effect today, U.S. stocks opened big dump yesterday and hit the encryption market, BTC hit $85,117 from a high of 93,600 big dumps, and Ethereum also fell below $2,100. In addition, according to coinglass data, the amount of network-wide contracts Get Liquidated in the past 24 hours reached $820 million, and more than 231,000 people were liquidated. (Synopsis: BTC CME futures hit the largest gap in the history of $10,000, there is pressure to make up?) (Background added: Why is Trump shouting altcoin reserves? Analysis: Use absurd proposals as chips in exchange for congressional approval to buy BTC) As the U.S.-Mexico tariffs are determined to take effect on the 4th, the U.S. stock market was bloodied after opening last night, and the encryption market was also implicated. BTC hit a low of $85,117 from a big dump of $93,600, a drop of 9.96%, almost leveling the gains brought by Trump's post "Cryptocurrency Reserve" in the early hours of yesterday morning. As of now, BTC is now trading at $86,185, down nearly 24 8.92%. Ethereum fell below $2100 Ethereum moved similarly to BTC, falling from $2380 all the way down to a low of $2097.91. As of now, Ethereum is now trading at $2153.88, down 15% in the last 24 hours. According to Coinglass data, in the past 24 hours, Cryptocurrency has exceeded $820 million, of which longs accounted for $698 million, shorts accounted for $122 million, and more than 231,000 people were liquidated. Related reports BlackRock 150 billion magnesium model portfolio "open allocation BTC spot ETF"! Will institutional buying drive new gains? Trump Shock Bomb" BTC climbs 95,000, Ethereum breaks $2,400, igniting XRP, SOL and ADA reserve boom BTC villain Peter Schiff admits BTC is digital gold for the first time, but criticizes XRP: XRP has strategic reserve significance? 〈Tariff collapse! BTC narrowly broke 85,000, Ethereum fell below $2,100, and more than 230,000 contracts were liquidated for 820 million magnesium" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".