Home
News
Details

Jerome Powell Speech Triggers $374M Crypto Liquidations in 12 Hours

iconCCPress
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$92,422.602.41%
This is the logo of the coin.
ETH
$3,244.291.4%
This is the logo of the coin.
DASH
$47.510.84%
Jerome Powell’s recent speech triggered over $374 million in crypto market liquidations in 12 hours, affecting Bitcoin, Ethereum, and major altcoins. Exchange and aggregator dashboards recorded the sharp drop, showing how sensitive the crypto market is to Fed policy. Futures markets saw a spike in volatility as traders reacted to the comments. Crypto analysis from TheCCPress highlights the ongoing link between central bank signals and digital asset price swings.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.