According to TheCCPress, Jerome Powell’s recent speech triggered over $374 million in crypto liquidations within 12 hours, impacting Bitcoin, Ethereum, and major altcoins. The event, noted on exchange and aggregator dashboards, highlights the sensitivity of the crypto market to Federal Reserve policy and resulted in a surge in volatility within crypto futures markets.
Jerome Powell Speech Triggers $374M Crypto Liquidations in 12 Hours
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Summary
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.
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