---
title: "Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes"
url: https://diffcoin.com/joe-bidens-withdrawal-wiped-67m-in-long-positions-in-30-minutes/
description: "US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge…"
published: 2024-07-22
updated: 2024-07-22
author: "Mila"
site: "Diffcoin"
---

# Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes

US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations.

[Source link](https://cointelegraph.com/news/joe-biden-presidential-drop-out-wiped-67-million-crypto-long-positions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)