Bitcoin fell below $89,000 🔻$1.3billion liquidated in last 12hrs. flash crash anytime soon!!! Reason wohi hy Trump ka Tariff. The sell-off came after President Donald Trump confirmed that the U.S. would proceed with tariffs on Canadian and Mexican goods. His statement followed questions about whether the previously agreed pause on tariffs would end next week. Trump claimed that the U.S. had been “mistreated” by its trading partners and that tariffs were moving forward as planned. As soon as the news broke, Bitcoin’s price dropped below $92,000, leading to widespread panic in the market. According to Coinglass, $918 million worth of liquidations occurred, affecting nearly 300,000 traders. Most of these were long positions, meaning investors betting on Bitcoin’s price increase suffered the biggest losses.