Bitcoin is trading around $92,800, showing slight gains as the crypto market cap remains stable at $3.2 trillion. Ethereum is performing better, with a 3.4% increase, while overall market sentiment remains cautious, with over 25% of Bitcoin supply underwater. Liquidations are down but still significant, particularly for ETH and BTC.

Ethereum's ETH token has dropped below $3,300, wiping out its gains for the year, while Bitcoin hovers near the $100,000 mark. Both cryptocurrencies are experiencing losses amid a broader market pullback, with significant liquidations occurring as traders lose confidence.

Over 1.5 million crypto traders faced liquidation as nearly $10 billion in open interest was erased following President Trump's announcement of 100% tariffs on Chinese imports. Bitcoin and Ethereum saw the largest losses, with significant drops in their market prices, while one trader reportedly profited $190 million from short positions during the turmoil.