Crypto Markets Slide With Heavy Liquidations as U.S. Macro Uncertainty Increases

The crypto market experienced a broad decline with total market cap dropping 3.9% in 24 hours, accompanied by significant Bitcoin and Ethereum liquidations. Notably, macroeconomic uncertainty is rising alongside speculation about potential U.S. Federal Reserve rate cuts, with new PPI data influencing sentiment. Meanwhile, U.S. equity indices closed mostly flat, adding to the cautious environment for risk assets including Bitcoin.