In 15 minutes, the cryptocurrency market saw a $200 million liquidation.

Within 15 minutes, the cryptocurrency market saw $200 million in liquidations as sharp price fluctuations caused automated position closures on all of the main exchanges.

As leveraged positions are forced terminated when asset prices move against traders’ bets, recent flash crashes have triggered a series of liquidations across the market, increasing short-term volatility.

President Donald Trump’s plan to significantly increase tariffs on Chinese imports sparked the sell-off, which increased trade tensions in the face of persistent disagreements over essential supplies and export restrictions.

 

 

 

 

 

 

 

 

 

 

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