WS #15553
Bitcoin has fallen below the $81,000 level, triggering approximately $489 million in leveraged liquidations across the crypto market. The selloff is being driven by a confluence of macro factors, including rising geopolitical risk premiums from Iran tensions and hawkish signals from the Federal Reserve. This risk-off environment is draining liquidity from speculative assets, reinforcing the correlation between traditional geopolitical shocks and crypto volatility.
Crypto Liquidation and Macro
Bitcoin has fallen below the $81,000 level, triggering approximately $489 million in leveraged liquidations across the crypto market. The selloff is being driven by a confluence of macro factors, including rising geopolitical risk premiums from Iran tensions and hawkish signals from the Federal Reserve. This risk-off environment is draining liquidity from speculative assets, reinforcing the correlation between traditional geopolitical shocks and crypto volatility.