The cryptocurrency market has seen increased volatility and accelerated liquidations following President Donald Trump's announcement about creating strategic reserves for digital assets. Total liquidations reached nearly $1 billion in the past 24 hours, affecting over 200,000 traders. The largest single liquidation order amounted to $15.49 million on Binance. The market capitalization of the cryptocurrency market has dropped below $3 trillion, with Bitcoin struggling to maintain its price above $90,000. While the initial market sentiment turned bullish after Trump named several cryptocurrencies as part of the strategic reserves, skepticism remains, and Bloomberg Intelligence warns that Bitcoin's rally could resemble the Dot-com bubble and signal a potential market crash.



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