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Crypto Market Shaken as Trump Tariffs Trigger $500M Liquidations

Summary by Deythere

The cryptocurrency market was thrown into chaos on April 2, 2025 following President Donald Trump’s new tariff announcement which sparked a sharp sell-off, with over $500 million in liquidations following in its wake. The market turmoil saw Bitcoin plummet from $88,500 to $82,000. As a result, both long and short positions got wiped out with 159,000 traders getting liquidated. According to crypto sources, the biggest liquidation event happened …

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BLOCKCHAINED // Crypto Media Feed

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