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Crypto Market Braces After $19B Liquidation Wipeout

The cryptocurrency market suffered its largest single-day liquidation event on record, with $19 billion in leveraged positions wiped out after US tariff announcements triggered panic selling. Bitcoin and ether have partially recovered, but options traders are actively hedging for further downside through year-end.

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Crypto Market Braces After $19B Liquidation Wipeout

The cryptocurrency market suffered its largest single-day liquidation event on record, with $19 billion in leveraged positions wiped out after US tariff announcements triggered panic selling. Bitcoin and ether have partially recovered, but options traders are actively hedging for further downside through year-end.

Congress is pressured by Bessent to enact crypto regulations

On Wednesday, Treasury Secretary Scott Bessent urged Congress to approve a cryptocurrency measure that would clarify market regulations. After months of discussions, the bill...

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