Bitcoin derivatives data suggest the bottom is in, but investors’ fears could limit a recovery beyond $100,000.
Bitcoin and select altcoins bounced back sharply, indicating solid purchasing demand at lower levels.
World Liberty Financial’s current crypto holdings are valued at $373 million, with major stakes in Ether and Wrapped Bitcoin.
Over $2 billion in crypto was liquidated after Trump’s tariffs fueled market panic, with Wintermute’s CEO attributing the crash to TradFi, not crypto insiders.
US President Donald Trump’s tariffs have shocked markets as investors fear an impending trade war.
Bitcoin crypto market cap dominance spikes as Trump trade war fears take over; altcoins see "capitulation wicks."
Over 730,000 traders faced liquidations as Ether led the market plunge. Analysts compared the impact with the FTX collapse and COVID-19 crash.
Ether, Cardano, Avalanche, XRP, Chainlink and Dogecoin all dropped over 20% over the past 23 hours after US President Donald Trump imposed his first round of tariffs.
At its peak, DOGSHIT2 had a market cap of over $23 million, although it has since fallen to around $2.4 million.
According to CoinMarketCap, Bitcoin's price fell by an estimated 7.3% over the last seven days — faring better than most altcoins.