Israel launched airstrikes against Iran, sharply escalating tensions in the Middle East. Crude oil prices jumped more than 5%, while Bitcoin dropped 4% to around $103,000. Approximately 215,000 traders were liquidated in the past 24 hours, with total liquidations exceeding $1 billion—most of them long positions. The largest single liquidation occurred on Binance’s BTCUSDT pair, valued at $201 million. Israel declared a nationwide state of emergency. President Donald Trump had earlier warned that the Middle East was becoming dangerous and reiterated that the U.S. would not allow Iran to obtain nuclear weapons.

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