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Home»Analysis»Bitcoin crashes at 3 weeks old after Trump Tariff News stretches $ 630 million in liquidation
Analysis

Bitcoin crashes at 3 weeks old after Trump Tariff News stretches $ 630 million in liquidation

August 1, 2025No Comments
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Trump’s new prices destroy crypto and actions markets. Bitcoin soil has sold $ 114,250 to Asia and marking its lowest level since June 11.

Three weeks of side coast ended with a southern stroke that went as low as $ 111,000.

According to CorciLass, 158,000 merchants have been liquidated in the last 24 hours. Total liquidations have reached $ 630 million, the majority of long positions. My earnings, nooo !!!

(X)

This liquidation trauma reflects the reduction in preventive risks. Spot Crypto Holdings saw $ 110 billion withdrawn during the 12 hours preceding the announcement of Trump prices, highlighting increased anxiety of the market.

President Trump turned on the fuse with a 35% tariff blitz in Canada and up to 39% on non -allied savings. Countries without commercial pacts have the worst; Here is what extent BTC logoBTC ▼ -2.82% can go.

“The drop in this week reflects the fear of price maturity and a wider macro uncertainty … It was probably exacerbated by profits after recent ATHS.” – Nick Ruck, search lvrg

Will there be a Trump pricing break, or a BTC circulation?

The Trump’s tariff blitz came in the middle of the drama of the deadline on a current trade agreement. The American president also strongly attacked the change of foreign policy of Canada, directly binding him to his new commitment to recognize a Palestinian state in the UN.

On Truth Social, he wrote: “Wow! Canada has just announced that it supports the state for Palestine. This will make us very difficult to conclude a trade agreement with them. Oh “Canada !!! »»

The oddity: Gaza had nothing to do with the border trade rates or the frontage, but Trump returned to the heart of the negotiations. Countries like China, India, Laos, Switzerland, Syria and South Africa have also been distinguished for high rate rates, some exceeding 40%.

(X)

Despite the strong dive, July closed as the strongest monthly candle candle of all time, ending at only $ 115,784 from weeks after reaching its summit of $ 122,800.

Meanwhile, the DEFI activity continues tirelessly. Total locked value (TVL) in decentralized financing protocols increased from $ 86 billion in April to more than $ 126 billion in mid-July, a gain of 46%.

On ETH logoEthn ▼ -5.83% More specifically: Ethereum TVL increased from $ 44 billion to more than $ 72 billion during the same period, which indicates a robust chain demand and an institutional trust.

What’s waiting: support, feeling and political risks

If Bitcoin quickly recovers the lost ground, it would strengthen resilience. However, a sustained drop below $ 111,000 could trigger a deeper drop, especially if the shares remain fragile.

Improving feeling depends on commercial progress, in particular an American potential agreement. Without clarity, taking advantage can deepen and wider risk assets could remain under pressure.

Explore: CEO of Tether Paolo Ardoino hopes that the positive net of the American elections, says that Bitcoin, the strategic reserve is an excellent idea: 99Bitcoins exclusive

Join the 99Bitcoins News Discord here for the latest market updates

Main to remember

  • Trump’s new prices destroy crypto and actions markets. Bitcoin soil has sold $ 114,250 to Asia and marking its lowest level since June 11.

  • A sustained drop below $ 111,000 could trigger a deeper drop, especially if the shares remain fragile.

The Bitcoin position crashes at 3 weeks from a bottom after Trump Tariff News stretches $ 630 million in liquidation appeared first on 99Bitcoins.



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