CRYPTO BULLS LOSE $500M AS BITCOIN HOVERS AROUND $108K
Over $500 million in bullish crypto positions were liquidated in 24 hours after President Trump's announcement of proposing tariffs on EU imports and iPhones. Bitcoin dropped from above $111,000 to around $108,000, with the selloff triggering roughly $181 million in Bitcoin futures losses and $142 million in Ether futures, with altcoins like Solana, Dogecoin, and XRP adding another $100 million in liquidations. The single largest wipeout was a $9.53 million BTC-USDT swap on OKX. With trade-war fears rekindling broader macro uncertainty, traders may remain on edge despite recent ETF inflows and institutional interest.