Market News / Story
Crypto Market Consolidates Ahead of FOMC as $600M in Longs Get Liquidated
Coinpedia ·
Coinpedia reports: Crypto markets have come under pressure ahead of the Federal Reserve’s FOMC minutes, with Bitcoin price slipping toward $83,000 after failing to hold above $87,000. Ethereum and other major altcoins have also experienced deeper losses as more than $600 million in leveraged long positions are liquidated, turning a BTC pullback into a broader risk-off move across the market. The key question is now whether this sell-off is a temporary leverage reset before the minutes or…