PEPE0.00 3.65%

TON3.03 1.92%

BNB598.88 0.97%

SOL141.21 0.20%

XRP2.11 1.28%

DOGE0.16 1.21%

TRX0.25 0.66%

ETH1613.50 -0.12%

BTC87074.25 2.15%

SUI2.18 1.34%

Crypto Market Liquidates $154M in 4 Hours Amid Extreme Fear Index Drop

Trump's "Reciprocal Tariff" Policy Exceeds Expectations, Sparking Market Anxiety and Broad Crypto Declines.

On April 3, the cryptocurrency market experienced a significant liquidation wave. Total liquidation over the last four hours reached $154.37 million, according to data from Coinglass. Long positions dominated the liquidations, totaling $139.03 million, while short positions accounted for $15.34 million. Ethereum (ETH) saw the highest liquidations at $38.40 million, followed by Bitcoin (BTC) at $32.64 million, Solana (SOL) at $14.32 million, and XRP at $7.47 million.

The crypto Fear and Greed Index, provided by Alternative.me, fell sharply from 44 to 25, signaling "Extreme Fear." This sharp drop reflects growing bearish sentiment in the market.

The downturn in market sentiment and asset prices appears to be influenced by geopolitical developments. On April 2, U.S. President Donald Trump announced a "reciprocal tariff" policy, introducing tariffs at rates higher than anticipated by analysts. The policy, which proposes imposing steep tariff rates on multiple countries, has sparked uncertainty and concerns regarding its potential economic impact, leading to a ripple effect across financial markets, including cryptocurrencies.

According to data from Coingecko, Bitcoin (BTC) reacted swiftly to the news, dropping from approximately $88,000 to $82,200—a decline of over 3%. Ethereum (ETH) mirrored the trend, falling over 6% to below $1,800, while Solana (SOL) experienced a 6.5% drop, settling near $118.

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