Bitcoin futures market liquidation heat map, the recent rise has wiped out some of the shorts above, and now the most eye-catching should be the $72,000 above, the liquidation scale involved here is relatively large, and there are also a large number of short-term leveraged longs below, as long as Bitcoin quickly falls back to $69,500, these long positions will be wiped out instantly. The current price focus for Bitcoin is with plenty of active buying around 70,670, but the price is currently falling and turning into a major resistance level here, while support below is around $66,200.

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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