A cryptocurrency trader lost over $308 million after their 50x leveraged Ether position was liquidated, showing the dangers of high-risk trading in volatile markets.

Cryptocurrencies slid further as fears over a selloff in US equities eclipsed President Donald Trump’s recent efforts to buttress the industry.

As of 10:22 a.m. on Tuesday in Singapore, Bitcoin was trading at $79,477. Hayden Hughes, head of crypto investments at family office Evergreen Growth, believes the largest digital asset will find support at $73,

Crypto-tied stocks took another nosedive on Monday as the price of several major tokens cratered to below key technical levels as mounting economic growth worries overshadowed crypto-supportive remarks President Donald Trump made last week.