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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $TQ $GOCHU $VELAAI $BUBB $XPRESS
Trending Coins🔥 $ZBCN $TQ $WCT $EIGEN $MXC
#FearGreedIndex# #TopGainers#
- #Digital Asset Market Clarity Act#
US House Republicans have introduced the Digital Asset Market Clarity Act to clarify crypto regulations. The bill gives the CFTC exclusive authority over digital commodity spot markets, and crypto platforms can register with either the CFTC or SEC. Will this reshape crypto regulation? What’s your take?
#Trump Tariff Update#
A US appeals court has reinstated Trump-era tariffs during the appeal, and further tariff hikes (up to 15% for 150 days) are being considered. Could these tariffs return? How might this affect the crypto market?
#Nvidia Tops Global Marke - 🏆 Gate Wins “Best Crypto Exchange 2025”!
Gate has been awarded Best Crypto Exchange 2025 at the E-Business Awards by Entrepreneur Middle East, recognizing Gate’s achievements in security, compliance, and user trust.
Thank you to our global community — we’ll keep building a safer, more reliable crypto experience!
- Growth Points Round 1️⃣ 1️⃣ Summer Lucky Grand Draw is on fire!
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Ends on June 4th, 16:00 UTC. Try your luck now!
More info: https://www.gate.com/announcements/article/45185
- Earning Growth Points can win an iPhone 16?
Gate Post Growth Points Summer Lucky Draw Round 1️⃣ 1️⃣ Is Live!
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How to earn Growth Points fast?
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#BTC# #ETH# #GT#
Liquidation Surpasses US$600 Million as Bitcoin Reverts to US$103 Thousand
The crypto market has experienced a liquidation of US$635 million or equivalent to Rp10.4 trillion, after Bitcoin (BTC) reached US$107 thousand, on Monday (19/05) morning.
Interestingly, the losses were predominantly incurred by traders taking long positions, especially on Ethereum (ETH), with total losses reaching US$244 million. Meanwhile, the liquidation amount for Bitcoin itself was only at US$157 million.
Overall, this liquidation was experienced by around 150,794 traders. Long traders were recorded liquidated at US$394 million, while short traders at US$227 million.
The exchange that contributed the largest liquidation is owned by Ben Zhou with US$216 million. Next is CZ with US$161 million, followed by Star Xu with US$85 million.
If you followed the trading live last night, you should be safe with a profit of 2000 to 2500 points.
Congratulations to all of you, keep looking forward to the next opportunities and generate profits.