Bitcoin slips 3.6% below $92,000, $600 million of bullish bets liquidated as Trump’s new tariffs cause uncertainty
Bitcoin, the world’s largest cryptocurrency token, tanked 3.6% in the aftermath of United States President Donald Trump’s new Greenland-related tariffs on eight European allies over the past weekend.
Bloomberg cited data from CoinGlass showing that around $600 million of bullish bets on cryptocurrencies were liquidated in the past 24 hours, largely driven by uncertainty as investors sought safer havens.
