00:00It's Benzinga bringing Wall Street to Main Street.
00:02Nearly $1 billion in leveraged crypto positions were liquidated Monday as Bitcoin fell 8%
00:08and Ether dropped 10%, extending its nearly 30% since early October, according to Benzinga.
00:14Smaller tokens were hit even harder, with a market vector index tracking the lower half
00:19of major digital assets down nearly 70% this year. The sell-off began in early October when
00:25$19 billion in levered bets were wiped out after Trump's tariff threats, triggering a
00:30liquidation cascade. Strategy Incorporated created a $1.4 billion reserve for future payments
00:36after investor concerns about its MNV and Bitcoin holdings pushed shares down more than 10% on
00:42Monday. Spot Bitcoin ETFs saw $70 million in inflows last week after $4.6 billion in monthly
00:49outflows, driven largely by five consecutive weeks of withdrawals from the iShares Bitcoin
00:53trust. Traders are watching economic data and rate expectations as year-end approaches.
00:59For all things money, visit Benzinga.com.
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