Bitcoin CRASHES: $150 BILLION LOST! Japan Triggered Crypto SHOCK
Did your crypto portfolio just take a devastating hit? In a shocking twist, Bitcoin plummeted below $87,000, wiping out a staggering $150 billion from the total crypto market capitalization in a single blow! This sudden rout wasn't just a typical dip; it was a brutal liquidity event triggered by a surge in Japanese government bond yields, sending shockwaves through an already fragile market. Beneath the surface, dangerously thin order books, suffering from the lowest trading volumes since July, couldn't withstand the selling pressure, turning a minor correction into a full-blown crisis. What's even more alarming is the lopsided risk profile emerging: while Bitcoin traders prudently de-risked, Ethereum traders were aggressively adding leverage, creating a risky disconnect despite dormant network activity. The Bank of Japan's potential rate hike further tightened macro liquidity, amplifying fears of a collapsing "yen carry trade" that could ripple globally. This perfect storm has left retail investors buying at 'distressed levels' while institutional whales wait cautiously on the sidelines, signaling potential for even deeper corrections. Is your wallet prepared for what's next? Don't miss out on crucial market insights; subscribe to our channel now for real-time updates that protect your investments!
Tags/Hashtags: #bitcoin #boj #bitcoin #ethereum #cryptoslate #brn #bitmex
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