Papii brown

What happened in crypto today? Trump shock, $1.7B liquidations & more… The market volatility following U.S President Donald Trump’s plans to pick Kevin Warsh as the next Fed chair triggered a nearly 10% drop in gold, dragging Bitcoin and the rest of the crypto market with it. The results? Over $1.7 billion in positions were liquidated in the past 24 hours, affecting over 270K traders, with leveraged bulls bearing the largest losses of $1.6 billion, according to Coinglass data. The overall selling pressure threatened to crack BTC’s $80K support level, with most large-cap altcoins posting average 7-10% price declines. #WhoIsNextFedChair #TRUMP $BTC