Crypto Market Turmoil: Massive Selloff, Stabilization Signs, and ETF Risks
TL;DR Summary
Cryptocurrencies experienced a sharp flash crash following President Trump's threat of new tariffs on China, leading to a $19 billion liquidation, a flight to safe assets, and heightened market volatility, especially among highly-leveraged traders and speculative coins.
- Why crypto briefly but dramatically crashed when Trump renewed his trade war CNN
- A Historic Crypto Selloff Erased Over $19 Billion, But Two Accounts Made $160 Million The Wall Street Journal
- Crypto bloodbath wipes out billions, but signs of stabilization emerge Fox Business
- After record crypto crash, a rush to hedge against another freefall Reuters
- Bitcoin's Flash Crash Over Weekend Prompts Analyst To Sound Warning on BTC ETFs: Continuous Liquidity Essential To 'Prudent Risk Management' Yahoo Finance
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