đ©ž$600M Crypto Longs Liquidated!
đ€ŻCrypto markets pulled back sharply as traders awaited the Federal Reserve's FOMC minutes, with over $600 million in leveraged long positions liquidated across the market.
Bitcoin slipped toward $83,000 after failing to hold above $87,000, while Ethereum and major altcoins posted deeper losses, turning what began as a $BTC pullback into a broader risk-off move.
FOMC minutes are closely watched for signals on interest rate policy, which historically influences risk asset sentiment including crypto.
#FedMinutesFocusOnOctoberPause
đ€ŻCrypto markets pulled back sharply as traders awaited the Federal Reserve's FOMC minutes, with over $600 million in leveraged long positions liquidated across the market.
Bitcoin slipped toward $83,000 after failing to hold above $87,000, while Ethereum and major altcoins posted deeper losses, turning what began as a $BTC pullback into a broader risk-off move.
FOMC minutes are closely watched for signals on interest rate policy, which historically influences risk asset sentiment including crypto.
#FedMinutesFocusOnOctoberPause