In the past 24 hours, a sudden and severe Bitcoin (BTC) crash led to heavy losses among major altcoins, with some experiencing over a 15% price drop. Following this price plunge, over $1 billion in digital currency futures contracts were liquidated, with more than $866 million from long positions. According to CoinGlass platform data, Bitcoin traders lost over $340 million daily, while Ethereum traders lost over $295 million. Smaller tokens (altcoins) also faced liquidation exceeding $365 million, including Ripple (XRP) and Solana (SOL) futures contracts witnessing over $40 million in liquidation. This abrupt crash occurred as traders previously anticipated higher prices in the coming weeks but the global financial markets, including high-risk assets like digital currencies, plummeted due to ongoing concerns about Trump’s policies. Visit the digital currencies’ real-time price page to monitor all token and cryptocurrency prices live.
