August 15, 2025

Crypto Liquidations Close to $1B as Scott Bessent Revises US Treasury Bitcoin Stance

The cryptocurrency market witnessed a downturn, with nearly $1 billion in liquidations in just 24 hours. This came after US Treasury Secretary Scott Bessent shared an update on the future of the government’s Bitcoin holdings. $1 Billion Liquidation Hits Long Traders Amid Treasury Update According to Coinglass data, total liquidations over the past day reached

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