Post by Augustine Chiagozie (@pabloexchange)
๐ $700M Liquidated as BTC, ETH, XRP Dump Before FOMC
Crypto markets took a heavy hit Tuesday, with roughly $700 million in liquidations wiped out as Bitcoin, Ethereum, and XRP all sold off sharply ahead of the Federal Reserve's FOMC meeting.
Around $80 billion exited the crypto market during the morning crash, underscoring how sensitive risk assets remain to macro uncertainty. Pre-FOMC jitters have historically triggered volatility as traders position around potential rate signals from the Fed.
Longs bore the brunt of the damage โ a pattern typical of sudden, sentiment-driven drawdowns when macro fear overrides technical setups.

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