Tether Scrutiny and Middle East Tensions Trigger $380 Million Crypto Liquidations

Bitcoin and other major cryptocurrencies encountered sharp price swings following a controversial report on Tether, which occurred amid escalating tensions in the Middle East. These events led to substantial losses for traders holding highly leveraged positions, with daily liquidations soaring to around $380 million. Tether’s Denial Fails to Ease Market as Bitcoin and Altcoins See... source: https://beincrypto.com/bitcoins-rally-stalls-amid-tethers-probe/