Market Experiences $614M Long Liquidations Following Trump-Xi Meeting and Fed Remarks

2025-10-30 10:11:23

Gate News bot message, The crypto market recorded substantial liquidations on March 6, totaling $614 million in long positions. The downturn coincided with two major events: the Trump-Xi meeting and Federal Reserve Chair Powell’s FOMC statements.

Bitcoin dropped 2.4% to $110,322, while Ethereum declined 2.7% to $3,919. The Fear and Greed Index shifted to 34, indicating Fear, as the total cryptocurrency market capitalization settled at $3.97 trillion. The total liquidations across the market reached $818 million.

BTC-0,65%

ETH-1,1%

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