Liquidations

Bitcoin has fallen below a crucial support zone between $68,000 and $70,000, sparking increased market volatility and liquidations. Analysts point to the Cumulative Value-Days Destroyed (CVDD) metric as a potential long-term support level, highlighting risks of further declines. The cryptocurrency faces macroeconomic pressures, with on-chain data showing tensions between short-term traders and long-term holders.

2 Mwezi wa pili, 2026 Imeripotiwa na AI

Bitcoin has declined about 40% from its October peak of $126,000, entering technical bear market territory amid heavy selling pressure. The cryptocurrency rebounded slightly to around $79,000 on February 2, 2026, but remains down over 10% for the week following $2.2 billion in liquidations. Analysts point to historical support levels near $58,000 as a potential bottom.

US President Donald Trump's surprise announcement of 100% tariffs on Chinese imports triggered the largest single-day liquidation event in cryptocurrency history, wiping out nearly $19 billion in positions. Bitcoin plunged from a record high of $126,000 to below $107,000, while altcoins suffered steeper declines amid a cascade of leveraged trades. Markets partially recovered over the weekend as tensions eased with calming statements from both sides.

11 Mwezi wa kumi, 2025 Imeripotiwa na AI

Cryptocurrency prices plunged on October 10, 2025, after US President Donald Trump announced plans for an additional 100% tariff on Chinese goods and export controls on critical software. Bitcoin fell more than 10% to below $110,000, while other major tokens like Ethereum and Solana dropped 15-30%. The sell-off led to over $7 billion in leveraged position liquidations within hours, according to Coinglass data.