In the past 24 hours, the positions of 246,645 investors were liquidated, pushing total liquidations to 869 million dollars, with 786 million dollars coming from long positions.
Trump announced that a 10 percent tariff will be imposed starting February 1 on eight countries, including France, the United Kingdom, Germany, and the Baltic states, and that this rate will increase to 25 percent after June 1 if no agreement is reached.
Bitcoin is trading at 92,569 dollars, while Ethereum is trading at 3,194 dollars.
The Fear and Greed Index stands at 45, remaining in neutral territory.
Developments to watch today: US stock markets will be closed due to Martin Luther King Jr. Day. Eurozone Consumer Price Index data will be released at 13:00 local time, with expectations at 2 percent and the previous reading at 2.1 percent.
