BREAKING
532d 8h ago
Biden’s Announcement Not to Run Again Causes Volatility in Crypto Market, Leading to $2.7M ETH Long Position Liquidation
ETH
ETH/USDT
$3,199.60
+1.57%
$3,199.60
+1.57%
(24s)24h Volume
$10,454,056,020.87
24h H/L
$3,220.82 / $3,118.75
Change: $102.07 (3.27%)
Long/Short
59.1%
Long: 59.1%Short: 40.9%
Funding Rate
+0.0063%
Longs pay
Data provided by COINOTAG DATALive data
**Biden’s Announcement of Not Running for Re-Election Causes Volatility in Crypto Market**
President Biden’s recent announcement that he will not be running for re-election has sparked significant volatility in the cryptocurrency market. The news triggered a wave of reactions among investors, leading to notable price fluctuations. One investor faced a dramatic loss as their $2.7 million ETH long position was liquidated when the price of Ethereum dropped to $3491.97. This event highlights the sensitive nature of the crypto market to major political developments and the stakes involved for investors navigating these turbulent waters.
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