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@explorerdido
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π¨ Crypto Market Meltdown β 03.02.2025 π¨
π Massive drop across the board! Bitcoin crashes 6.2% to a three-week low of $91,441, currently hovering around $95,730. Ethereum (ETH) tanks nearly 25% in three days, hitting $2,592.
π₯ Total liquidations exceed $2.2B, mostly longs wiped out. This crash is comparable to the FTX collapse and the COVID-19 market panic.
π₯ Whatβs causing the chaos? New trade tariffs on China, Canada, and Mexico introduced by Trump have spooked investors, raising fears of a global trade war.
π Current market prices (14:26 UTC):
Bitcoin (BTC): $95,519
Ethereum (ETH): $2,622
Solana (SOL): $199
Avalanche (AVAX): $25.61
β οΈ The market remains highly volatile β what's your strategy now? HODL or sell? π€π° 0 reply
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