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The crypto market has just undergone a heavy correction and lost $ 440 million in capitalization. The few bad decisions recently made by US President Donald Trump have caused investors to respond negatively. Between geopolitical tension and economic uncertainty, the crypt market is undergoing a large phase of turbulence.
Is Trump sinking a crypto market? Millions of dollars have already lost
The Krypto market is currently experiencing a significant decline in market capitalization by more than $ 400 million. This Monday, March 10, 2025, is $ 2,660 billion, after the day before it reduced the peak of $ 3,110 billion. This declining trend has stimulated several factors. First, the stock exchange stretched between Donald Trump and Ukrainian President Volodymyr sown in an oval office sown uncertainty in an oval office.
Then the threat of new customs tariffs deposited by the United States in Canada, China, Mexico, and recently added oil to Russia. Finally, the announcement of Donald Trump to create a strategic bitcoin reserve in the United States. The management of this crypt reserve, far from the calming investors, helped to highlight the market correction, which led to a decline on Sunday evening to a decline in $ 2,610 billion.
A wave of liquidation and upcoming uncertainty
According to the recent crypto data, this decline in the market has caused massive liquidation of $ 3.64 billion in open positions and the disaster can continue. Bitcoin is currently $ 82,130, a critical level that could trigger a liquidation cascade of more than $ 1.13 billion in a long position. This would worsen the sales pressure and emphasize the current correction of the market crypto, but only when?
During the intervention of Fox News Donald Trump, he acknowledged that his policies could cause short -term economic pain, but insisted that these measures were focused on building a solid future for the United States. It remains to be found whether the market crypto can reverse this trend down or whether it is an extended correction.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.