Bitcoin’s Descent: A Tale of Fear, Gold, and Tariffs

The Relative Strength Index, that measure of market’s pulse, remains in the realm of the oversold, while the open interest, a figure as elusive as the soul’s true nature, dwindles to $44.67 billion, a mere shadow of its former self. In this age of leverage, the traders, those modern-day gamblers, have suffered a combined loss of $621.69 million, with the largest single liquidation, a sum of $61.51 million, occurring on the HTX exchange, a place where fortunes are made and lost in the blink of an eye.

