CoinEx Daily: Bitcoin Faces High Volatility amid Macro And Regulatory Uncertainties
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Daily View
Bitcoin is experiencing high volatility with significant leveraged trading activity, including whales employing 40x leverage during the market downturn. The broader crypto sector sees substantial liquidations close to 1 billion USD within 24 hours. On the macro front, upcoming US regulatory events, including a DeFi roundtable by the SEC and a Congressional hearing on crypto market structure, are drawing attention, while political tensions involving Trump and Musk add uncertainty.
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