We are tired of winning Mr. President ๐๐
The sell-off was triggered by renewed U.S. tariff threats on European goods under President Trump, sparking global risk-off sentiment, combined with over $500โ800 million in long position liquidations.
Analysts view this as a leverage-driven correction in thin liquidity (U.S. markets closed for MLK Day) rather than the start of a major bear market, with Bitcoin dominance rising amid broader altcoin weakness.
Total cryptocurrency market capitalization plunged by approximately $100โ110 billion in the past 12โ24 hours, falling from around $3.24 trillion to $3.12โ3.13 trillion (a ~3% decline).
Bitcoin dipped below $93,000 (trading near $92,500โ$93,000), down roughly 2.5โ3%, after recent highs near $95,500โ$98,000, while altcoins like Solana (-6%+), XRP, and Dogecoin saw sharper losses.
This is not a financial advice, This is only for Education purpose.
