US Treasury Yen Intervention Warning Triggers Crypto Selloff
The US Treasury informed banks it may intervene in the yen market, triggering a sharp crypto selloff. Bitcoin fell below $63,000 and Ethereum dropped to $1,848, with over $130 million in long positions liquidated within an hour.
Detected & updated continuously · Source: Nebula
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@AshCrypto
$BTC dropped below $63,000 $ETH dumped to $1,848 $50M longs liquidated in 45 minutes. This came after US Treasury informed banks that it may intervene in yen market. https://t.co/EM1avGg9FT
@Litest
🚨 MARKET UPDATE: • BTC crashes below $63,000. • ETH plunges to $1,848. More than $130.4 million in long positions were liquidated in just 60 minutes after the 🇺🇸 US Treasury informed banks it may intervene in the yen market. https://t.co/Ezr0GRH3Wa