CoinJournal
Bitcoin drops below $109K amid hawkish macro data and Fed uncertainty. $1.1B in leveraged positions liquidated, led by ETH longs. Crypto stocks and miners slide, with MSTR and Coinbase under pressure. The crypto market turned defensive as traders sized up hawkish macro data and tumbling crypto stocks…
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Bitcoin, Ethereum, altcoins tumble after US GDP surprise; $1.1B liquidations hit market
Bitcoin drops below $109K amid hawkish macro data and Fed uncertainty. $1.1B in leveraged positions liquidated, led by ETH longs. Crypto stocks and miners slide, with MSTR and Coinbase under pressure. The crypto market turned defensive as traders sized up hawkish macro data and tumbling crypto stocks…