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Crypto market wipes out $120 million in an hour

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The cryptocurrency market has experienced heightened volatility following President Donald Trump’s announcement regarding creating strategic reserves for digital assets. This volatility has led to accelerated liquidations across exchanges. For instance, on Monday, March 3, the market saw $120 million in liquidations within an hour, coinciding with a brief drop in Bitcoin (BTC) below the $90,000 mark. On a broader scale, over the past 24 hours, total liquidations surged to nearly $1 billion, according to Coinglass data Picks for you 2 cryptocurrencies to reach a $10 billion market cap in March 1 hour ago Is the U.S. govt secretly buying Bitcoin after Trump’s crypto update? 3 hours ago ...