Скачать или смотреть The cryptocurrency market experienced a significan...

The cryptocurrency market experienced a significant rebound following a major crash triggered by geopolitical factors, specifically President Trump's tariff threats against China, which ignited a market-wide sell-off. The crash resulted in the largest single-day wipeout in crypto history, with nearly $20 billion in liquidations across the market. Bitcoin dropped from approximately $121,000 to as low as $109,000, and Ethereum fell to around $3,686, impacting leveraged positions heavily. However, the market quickly began to recover, with Bitcoin rising to around $115,000 and Ethereum climbing to approximately $4,180. Despite the recovery, over $600 million in liquidations still occurred, affecting nearly 190,000 traders in a 24-hour period. Short sellers absorbed a significant portion of the losses as prices rebounded. Market analysts attribute the recovery to short covering and mean reversion, with large holders opportunistically buying, though some caution that volatility is expected to continue in the near term. Open interest in Bitcoin futures dropped substantially over the weekend but has since stabilized, with bullish sentiment largely returning. Certain altcoins like Synthetix (SNX) experienced significant rallies, while others lagged in the recovery. Overall, the crypto market cap increased roughly 5.7% with a substantial jump in volume, indicating a repurchase of positions liquidated during the crash. Get the edge in crypto with AI - theunblock.com.