Ethereum finally dominates the market! More than $ 2.2 billion was liquidated on the cryptocurrency market In the past 24 hours. In question, the Customs War Officially started by Donald Trump. A geopolitical uncertainty that automatically made Unscrew all stock markets of the planet. The opportunity for Ethereum to finally do «better» than the others, with a total of its liquidations estimated to $ 610 million.
The key points of this article:Ethereum surpassed other cryptocurrencies by dominating liquidations, with a total of $ 610 million over 24 hours.
The war of customs fees initiated by Donald Trump caused a historic fall in the markets, with more than 2.25 billion dollars liquidated.
Ethereum accumulates 30 % of liquidations
He will have escaped anyone that the cryptocurrency market has Recorded massive drops In the past 24 hours. A situation directly attributable to Donald Trump, In the middle of a trade war against the rest of the world. Because the consequences were not long in coming. Indeed, the cryptocurrency market has recorded very important liquidations In the past 24 hours. With a cumulative total which already exceeds the $ 2.25 billion. However, a notable fact stands out from this digital blood bath. And this will not please ETH cryptocurrency holdersalready largely left on the edge of the upward trend of the past few months.
Liquidations Ethereum (24 hours) – Co -quince indeed, it is Ethereum Who largely dominates the amount of liquidations recorded during this period, with a total (shorts and long) greater than $ 610 million. That is to say almost 30 % of the total amount of this digital stampede. The amount of liquidations recorded already appears as » The most important in the history of these marketssurpassing the COVID and FTX, ”according to the maximalist analyst Joe Consorti. And it is unfortunately at this precise moment that Ethereum decides to stand out. Yet, Some still envisage an ETH $ 20,000. We will need a massive rebound!