Just caught wind of what's been happening in the crypto market crash today - apparently we saw something like $7 billion in liquidations hit the market. The timing is wild because of all the trade tensions ramping up between the US and China. Bitcoin got absolutely hammered in what looked like a flash crash, and it triggered a cascade of liquidations across the board. Current BTC is sitting around $72.87K with a +1.56% move in the last 24 hours, but the volatility earlier was insane. These kinds of crypto market crash events always remind me how quickly things can unwind when macro headlines hit. The liquidation waterfall effect is brutal - one big move triggers stops, which triggers more selling, and suddenly everyone's getting wiped. Trade war fears are definitely spooking the market right now. Wondering if we'll see more volatility or if this is the bottom for this move.

BTC0.21%
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