• bitcoinBitcoin (BTC) $ 118,933.00
  • ethereumEthereum (ETH) $ 3,735.44
  • xrpXRP (XRP) $ 3.51
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 799.63
  • solanaSolana (SOL) $ 201.89
  • usd-coinUSDC (USDC) $ 0.999902
  • dogecoinDogecoin (DOGE) $ 0.266206
  • staked-etherLido Staked Ether (STETH) $ 3,720.54
  • cardanoCardano (ADA) $ 0.887879
  • tronTRON (TRX) $ 0.317365
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 118,740.00
  • hyperliquidHyperliquid (HYPE) $ 45.01
  • stellarStellar (XLM) $ 0.472987
  • wrapped-stethWrapped stETH (WSTETH) $ 4,493.38
  • suiSui (SUI) $ 3.98
  • chainlinkChainlink (LINK) $ 19.66
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,010.44
  • hedera-hashgraphHedera (HBAR) $ 0.270755
  • avalanche-2Avalanche (AVAX) $ 25.78
  • wrapped-eethWrapped eETH (WEETH) $ 3,994.14
  • bitcoin-cashBitcoin Cash (BCH) $ 528.71
  • litecoinLitecoin (LTC) $ 119.98
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • leo-tokenLEO Token (LEO) $ 8.99
  • wethWETH (WETH) $ 3,735.92
  • the-open-networkToncoin (TON) $ 3.31
  • usdsUSDS (USDS) $ 0.999855
  • polkadotPolkadot (DOT) $ 4.53
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 118,923.00
  • uniswapUniswap (UNI) $ 10.74
  • whitebitWhiteBIT Coin (WBT) $ 44.60
  • moneroMonero (XMR) $ 325.34
  • pepePepe (PEPE) $ 0.000014
  • bitget-tokenBitget Token (BGB) $ 4.87
  • aaveAave (AAVE) $ 307.85
  • bittensorBittensor (TAO) $ 450.04
  • crypto-com-chainCronos (CRO) $ 0.127377
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • nearNEAR Protocol (NEAR) $ 3.03
  • daiDai (DAI) $ 0.999899
  • ethereum-classicEthereum Classic (ETC) $ 24.19
  • pi-networkPi Network (PI) $ 0.474208
  • aptosAptos (APT) $ 5.45
  • ondo-financeOndo (ONDO) $ 1.12
  • internet-computerInternet Computer (ICP) $ 6.09
  • jito-staked-solJito Staked SOL (JITOSOL) $ 245.24
  • ethenaEthena (ENA) $ 0.490787
  • okbOKB (OKB) $ 50.00
  • kaspaKaspa (KAS) $ 0.112886
  • bonkBonk (BONK) $ 0.000037
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.044624
  • mantleMantle (MNT) $ 0.830284
  • algorandAlgorand (ALGO) $ 0.293183
  • arbitrumArbitrum (ARB) $ 0.477558
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • worldcoin-wldWorldcoin (WLD) $ 1.35
  • vechainVeChain (VET) $ 0.027909
  • render-tokenRender (RENDER) $ 4.57
  • cosmosCosmos Hub (ATOM) $ 5.13
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.252003
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,733.71
  • official-trumpOfficial Trump (TRUMP) $ 11.08
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • gatechain-tokenGate (GT) $ 18.04
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.807779
  • sei-networkSei (SEI) $ 0.352262
  • binance-staked-solBinance Staked SOL (BNSOL) $ 214.16
  • filecoinFilecoin (FIL) $ 2.92
  • fasttokenFasttoken (FTN) $ 4.49
  • quant-networkQuant (QNT) $ 131.85
  • jupiter-exchange-solanaJupiter (JUP) $ 0.621814
  • spx6900SPX6900 (SPX) $ 2.00
  • skySky (SKY) $ 0.085766
  • susdssUSDS (SUSDS) $ 1.06
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,904.70
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,248.73
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 118,919.00
  • flare-networksFlare (FLR) $ 0.024140
  • fartcoinFartcoin (FARTCOIN) $ 1.65
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.22
  • celestiaCelestia (TIA) $ 2.20
  • xdce-crowd-saleXDC Network (XDC) $ 0.095141
  • kucoin-sharesKuCoin (KCS) $ 12.10
  • injective-protocolInjective (INJ) $ 15.15
  • story-2Story (IP) $ 5.01
  • flokiFLOKI (FLOKI) $ 0.000150
  • usdtbUSDtb (USDTB) $ 1.00
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997967
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,927.16
  • blockstackStacks (STX) $ 0.884474
  • optimismOptimism (OP) $ 0.797315
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,001.48
  • curve-dao-tokenCurve DAO (CRV) $ 0.996739
  • usdt0USDT0 (USDT0) $ 1.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,039.24
  • pump-funPump.fun (PUMP) $ 0.003784
  • nexoNEXO (NEXO) $ 1.34
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • dogwifcoindogwifhat (WIF) $ 1.27
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.92
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,920.30
  • sonic-3Sonic (S) $ 0.382349
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 118,607.00
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 226.58
  • immutable-xImmutable (IMX) $ 0.637235
  • the-graphThe Graph (GRT) $ 0.113135
  • lido-daoLido DAO (LDO) $ 1.19
  • kaiaKaia (KAIA) $ 0.179472
  • wbnbWrapped BNB (WBNB) $ 799.92
  • tezosTezos (XTZ) $ 0.960060
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.89
  • msolMarinade Staked SOL (MSOL) $ 264.12
  • jasmycoinJasmyCoin (JASMY) $ 0.020420
  • theta-tokenTheta Network (THETA) $ 0.986467
  • ethereum-name-serviceEthereum Name Service (ENS) $ 29.11
  • pax-goldPAX Gold (PAXG) $ 3,423.32
  • vaultaVaulta (A) $ 0.611008
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 118,750.00
  • clbtcclBTC (CLBTC) $ 119,426.00
  • galaGALA (GALA) $ 0.020151
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • saros-financeSaros (SAROS) $ 0.342949
  • raydiumRaydium (RAY) $ 3.36
  • iotaIOTA (IOTA) $ 0.229071
  • conflux-tokenConflux (CFX) $ 0.172412
  • paypal-usdPayPal USD (PYUSD) $ 0.999595
  • tether-goldTether Gold (XAUT) $ 3,416.70
  • pyth-networkPyth Network (PYTH) $ 0.144992
  • the-sandboxThe Sandbox (SAND) $ 0.339741
  • aerodrome-financeAerodrome Finance (AERO) $ 0.964444
  • super-oethSuper OETH (SUPEROETH) $ 3,734.32
  • tokenize-xchangeTokenize Xchange (TKX) $ 9.95
  • pendlePendle (PENDLE) $ 4.82
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,998.98
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,899.48
  • jito-governance-tokenJito (JTO) $ 2.18
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,720.96
  • bittorrentBitTorrent (BTT) $ 0.00000072
  • zcashZcash (ZEC) $ 43.98
  • flowFlow (FLOW) $ 0.446152
  • ousgOUSG (OUSG) $ 111.89
  • heliumHelium (HNT) $ 3.77
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.266273
  • decentralandDecentraland (MANA) $ 0.354887
  • memecoreMemeCore (M) $ 0.414891
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999636
  • tbtctBTC (TBTC) $ 118,793.00
  • walrus-2Walrus (WAL) $ 0.480193
  • mog-coinMog Coin (MOG) $ 0.000002
  • falcon-financeFalcon USD (USDF) $ 0.999842
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,735.53
  • based-brettBrett (BRETT) $ 0.065363
  • morphoMorpho (MORPHO) $ 2.00
  • chain-2Onyxcoin (XCN) $ 0.018509
  • telcoinTelcoin (TEL) $ 0.006789
  • newton-projectAB (AB) $ 0.008793
  • bitcoin-svBitcoin SV (BSV) $ 30.43
  • coredaoorgCore (CORE) $ 0.599627
  • apecoinApeCoin (APE) $ 0.730095
  • usual-usdUsual USD (USD0) $ 0.997697
  • stader-ethxStader ETHx (ETHX) $ 3,968.42
  • thorchainTHORChain (RUNE) $ 1.65
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009739
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 118,946.00
  • build-onBUILDon (B) $ 0.552663
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 118,478.00
  • wrapped-hypeWrapped HYPE (WHYPE) $ 45.16
  • aioz-networkAIOZ Network (AIOZ) $ 0.456656
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,116.46
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,736.02
  • arweaveArweave (AR) $ 8.21
  • ether-fiEther.fi (ETHFI) $ 1.27
  • ripple-usdRipple USD (RLUSD) $ 0.999862
  • usddUSDD (USDD) $ 1.00
  • starknetStarknet (STRK) $ 0.147174
  • beldexBeldex (BDX) $ 0.073564
  • dydx-chaindYdX (DYDX) $ 0.694384
  • elrond-erd-2MultiversX (EGLD) $ 18.26
  • neoNEO (NEO) $ 7.35
  • compound-governance-tokenCompound (COMP) $ 53.58
  • true-usdTrueUSD (TUSD) $ 0.999711
  • swethSwell Ethereum (SWETH) $ 4,031.86
  • deepDeepBook (DEEP) $ 0.194747
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  • ecasheCash (XEC) $ 0.000024
  • axie-infinityAxie Infinity (AXS) $ 2.88
  • savings-daiSavings Dai (SDAI) $ 1.16
  • kavaKava (KAVA) $ 0.436634
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.48
  • syrupMaple Finance (SYRUP) $ 0.431424
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  • wemix-tokenWEMIX (WEMIX) $ 1.01
  • treehouse-ethTreehouse ETH (TETH) $ 4,506.74
  • apenftAPENFT (NFT) $ 0.00000046
  • popcatPopcat (POPCAT) $ 0.459959

Crypto Liquidations Almost Top $1B Following a Messy Breakup Between Elon Musk and U.S. President Donald Trump

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Crypto Liquidations Almost Top $1B Following a Messy Breakup Between Elon Musk and U.S. President Donald Trump

Story Highlights

  • The fear of further crypto capitulation in the coming days is palpable amid notable macroeconomic uncertainty.

  • Bitcoin price may drop below $100k again, with some technical models suggesting more pain ahead.

  • Musk has predicted a potential U.S. recession in the second half of 2025 catalyzed by tariffs.

The crypto market recorded more than $831 million in forced liquidations during the past 24 hours. More than $765 million rekt in the last 24 hours involved long traders, who were caught unawares.

Crypto traders involved in the Bitcoin (BTC) and Ethereum (ETH) leveraged markets were the most affected by the notable surge in overall crypto volatility. Bitcoin’s fear and greed index dropped from 62 percent to 57 percent in the past 24 hours, signaling a bearish market shift.

Crypto Market Tumbles on Musk vs Trump’s Fallout

The crypto market largely followed the wider stock market in bearish sentiment following the explicit fallout between United States President Donald Trump and tech billionaire Elon Musk. The friends who turned foe stirred significant short-term uncertainty, especially after Musk began pushing for the resignation of the United States President Trump. Already, Musk is pushing for the impeachment of President Trump, which has gained significant popularity.

The two differed in the Congressional spending bill that signaled further deficit.

“I don’t mind Elon turning against me, but he should have done so months ago. This is one of the Greatest Bills ever presented to Congress. It’s a Record Cut in Expenses, $1.6 Trillion, and the Biggest Tax Cut ever given. If this Bill doesn’t pass, there will be a 68% Tax Increase, and things far worse than that,” Trump noted.

What Next?

As the online verbal exchange between Trump and Musk heated up on Thursday, during the late North American trading session, the fear of a market recession significantly increased. According to Musk, the Trump tariffs, which have experienced slow negotiations in the recent past, will cause a recession in the second half of 2025.

The Trump tariffs will cause a recession in the second half of this year https://t.co/rbBC11iynE

— Elon Musk (@elonmusk) June 5, 2025

If a U.S. recession happens in the second half of 2025, Gold price is expected to perform better than the stock market. With Bitcoin widely regarded as a digital gold, the wider crypto market is well positioned to record a possible bullish recovery during the second half of the year.

Source

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