$800M liquidations
Crypto traders are experiencing approximately $800 million in liquidations following a market reversal prompted by the Federal Reserve’s cautious stance. This sell-the-news reaction has led to significant market volatility. Traders had anticipated a different outcome, but the Fed’s recent comments shifted sentiment, resulting in a wave of sell-offs. The market’s response reflects the ongoing uncertainty surrounding economic policies and their impact on cryptocurrencies. As traders navigate these challenges, the focus remains on how future Fed decisions will influence market dynamics.
