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JUST IN: The largest single-day liquidation event in crypto history, as the market flash crashed due to renewed Tariff wars.
$20B in liquidations and nearly 1.75M traders liquidated. The numbers are most likely higher.
Bitcoin dropped nearly 20% overnight and has recovered to end the day down -7%.
Most of the damage took place in the altcoin market, where the majority of altcoins fell by 50% in 30 minutes.
#CoinDeskSeptemberGateReportComing #TradeOnGateToClaim5Million #FedRateCutExpectationsHeatUp