Post
M.Dawood 85
Strong macro data, not hacker fears, triggered the latest crypto sell-off. $BTC dropped to $77,732 as robust GDP and sticky PCE data strengthened expectations of higher interest rates. The move was largely a leverage wipeout, with over $1.3B liquidated in 24 hours, 86% from long positions, exposing the risks of overcrowded bullish bets.
#FedHikeOutlookDivided
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,024.2+0.00%
ETH/USDTEthereum
$2,023.88+0.00%
SOL/USDTSolana
$82.27+0.00%
Today’s market buzz
1#USCPIAboveExpectations
2#SP500StrongRebound
3#USIranNewPeaceProposal
