Fed's Hammack hints at more hikes, oil climbs: $195M in longs liquidated
- —Bitcoin at $82,756 (-0.98%), Ethereum at $2,520 (-0.57%)
- —$195.34 million liquidated, 73.31% were longs
- —Largest liquidations: Ethereum $58.14M, Bitcoin $54.89M
- —Crypto derivatives volume jumped 75.8% to $699.3 billion
Why it matters: Hawkish Fed rhetoric and rising oil are pushing markets to price in prolonged tightening, weighing on risk assets and accelerating long unwinds.
Source: TokenPost