Global crypto market cap tops 3 trillion USD as White House prepares major trade deal reveal

On Thursday, the cryptocurrency market experienced a positive momentum, with Bitcoin breaking above 99,000 USD. This surge followed U.S. President Donald Trump announcing a major trade deal that would relieve tariff uncertainties, positively impacting Asian markets.

The total cryptocurrency market cap reached 3 trillion USD, with 71.4% of leveraged short positions liquidated. The significant liquidation event impacted over 106,273 traders, leading to losses of approximately 291.90 million USD.

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