#Crypto markets faced another wave of liquidations after the U.S. Senate’s CLARITY Act vote failed to advance.
Around $570 million in bullish crypto futures positions were wiped out within 24 hours, with Bitcoin and Ether longs among the biggest casualties.
The event highlights how quickly leveraged positions can amplify market volatility when regulatory uncertainty and weak sentiment combine.
Traders should closely monitor leverage, funding rates, and key support levels as the market reacts to the latest developments.
Not financial advice. DYOR.
Around $570 million in bullish crypto futures positions were wiped out within 24 hours, with Bitcoin and Ether longs among the biggest casualties.
The event highlights how quickly leveraged positions can amplify market volatility when regulatory uncertainty and weak sentiment combine.
Traders should closely monitor leverage, funding rates, and key support levels as the market reacts to the latest developments.
Not financial advice. DYOR.
