Futures market sheds $2.24B in OI after Bitcoin's drop to $88k

Bitcoin’s price plummeted to $88,500 on Feb. 25, triggering $1.48 billion in liquidations across the futures market. This significant correction, which sent Bitcoin well below the short-term holder realized price, was partly sparked by macro uncertainty following Trump’s proposed tariffs. While the initial reaction to the tariffs sent Bitcoin to $91,000, altcoins saw an even […]