📉 Yesterday, the crypto market was shocked by the news about Joe Biden’s withdrawal from the 2024 presidential race:

- Almost $67 million of long positions were liquidated in 30 minutes.

- BTC price fell 2.3% to $65,880, but quickly recovered to $68,480.

- Traders with short positions lost $34 million.

- Within 12 hours, $134.5 million of positions were liquidated, including $43.8 million in BTC and $31.1 million in ETH.

Kamala Harris could replace Biden, while Trump leads with a 64% chance of winning.