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🎉 Gate 2025 Gala | Year-End Selection
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The crypto market took a hit over the past day, with liquidations exceeding $874 million as U.S.-EU trade tensions ramped up. Bitcoin didn't escape the downturn—it dropped 3% during early Asian trading on Monday, sliding from $95,458 to a low of $92,508 in just hours. The pressure on major assets reflects growing concerns about macro headwinds, with traders pulling back positions ahead of potential trade policy shifts. Market volatility like this typically triggers cascade liquidations across leveraged positions, making it a critical moment to watch support and resistance levels closely.