Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»Trump’s new tariff caused $ 2 billion in liquidation.
ETHEREUM NEWS

Trump’s new tariff caused $ 2 billion in liquidation.

By Crypto FlexsFebruary 4, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Trump’s new tariff caused $ 2 billion in liquidation.
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin fell during the Asian trading time and was at least $ 92,000 for a month due to Donald Trump’s aggressive trade tariff.

This rapid drop caused one of the largest liquidation events last year.

Red Market

According to cryptoslate ‘s According to the data, the stagnation of the BTC began to slide from $ 105,000 to $ 102,000 in several hours in January 31.

As the weekend decreased, the BTC pushed the BTC to less than $ 100,000 and raised the wider market.

Market data shows that most Altcoins faced similar struggles. Ether Lee has fallen by almost 20%and received more than $ 2,500.

Solana, on the other hand, fell 10%and landed at $ 195. XRP has lost about 20% of other major assets, including Dogecoin and Cardano, but fell 17%, while down 17%.

This price achievement effectively erased the assets of the victory rally after the Trump election in December 2024.

Arthur Hayes, co -founder of Bitmex, warned that more losses could lead to. Hayes suggested that relief can only come when major financial institutions face crisis.

He wrote:

“The beating will continue until morality is improved. The pain stops when Tradfi costumes are just before bankruptcy. Then the Fed reluctantly joins Tim Trump and prints the money. ”

Trump tariff

Analysts of trade firm QCP, headquartered in Singapore, pointed out that new tariffs on major trading partners, including President Donald Trump’s Mexico, Canada and China, have caused a wide range of markets.

In addition, the company pointed out that “stocks sank, gold, oil, and encryption sold violently throughout the region.” addition :

“This reverse correlation strengthens the view that today’s dangerous movement is led by the re -adjustment of cross -set portfolio rather than a single qualification event.”

On February 1, the US president performed 25 percent of his duties for imports in Canada and Mexico with 10%tariffs on Chinese products. His administration argued that tariffs aim to deal with illegal immigration and drug trafficking.

The tariff caused immediate retaliation, with Canada, Mexico and China’s threats to countermeasures.

It is rich in liquidation

The rapid stagnation of the crypto market led to a wide range of liquidation, deleting more than $ 2 billion and affecting more than 742,000 traders depending on the CoingLass data.

Traders with long positions expected to rise in prices suffered the biggest losses, causing $ 1.88 billion. Those who have a short position that expects to fall further faced a loss of about $ 339 million.

Liquidation of encryption market (Source: CoingLass)

Ether Leeum merchants had the most difficulties with the total liquidation of $ 660 million, of which $ 447 million came from a long position. Bitcoin has been closely related to $ 410 million in long bets, including $ 340 million.

Merchants who bet on other assets also lost $ 433 million during the report.

Meanwhile, the largest single liquidation occurred in Binance, and $ 25 million Etherrium transactions completely disappeared.

I mentioned in this article
Blog scaleBlog scale
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum Dev Zack Cole starts an initiative for the ‘Tokenless’ project.

July 2, 2025

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

Crypto Scam Markets thrives again after attempting to clean up Telegram.

June 24, 2025
Add A Comment

Comments are closed.

Recent Posts

Valhalla Goes Today: FLOKI has been developed for 3 years and debuts the play MMORPG.

July 4, 2025

The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1bn Valuation

July 3, 2025

The mindset of Retail Investors

July 3, 2025

Cooking.City Bringing Back Value Redistribution To Solana Fair Launches

July 3, 2025

XRP rebounds are interested in APT miners cloud mining.

July 3, 2025

The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.

July 3, 2025

Best Crypto PR Agency Packages : What to Look For & Where to Start

July 3, 2025

Looking for an Affordable Crypto PR Agency? Here’s What to Know Before You Spend

July 3, 2025

Crypto PR Packages for Startups: What You Need & How to Choose the Right One

July 3, 2025

Cheap Crypto Press Release: How to Promote Your Project Without Overpaying

July 2, 2025

The Ultimate Guide to Crypto Public Relations Packages

July 2, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Valhalla Goes Today: FLOKI has been developed for 3 years and debuts the play MMORPG.

July 4, 2025

The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1bn Valuation

July 3, 2025

The mindset of Retail Investors

July 3, 2025
Most Popular

Crystal Intelligence estimates that cryptocurrency hacks have cost the industry approximately $20 billion.

June 12, 2024

Stablecoin issuer circle aims to evaluate $ 7,200,000 in the upcoming IPO

June 3, 2025

One of the Ethereum competitors following Solana’s recent rally, according to cryptocurrency analysts

July 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.