At 54,039,356,630, a cannon sounded in the Middle East, and the cryptocurrency market collapsed in an instant!​​

Early this morning, Israel suddenly launched airstrikes on Iranian nuclear facilities, causing global risk aversion sentiment to explode. Bitcoin plummeted by $2,000 in 15 minutes, and Ethereum fell below the $2,500 mark; over $1 billion was liquidated across the network in 24 hours—most notably, a user on Binance lost $200 million in a single trade, making this a 'collective crematorium for leveraged players'.

​Why does war affect the cryptocurrency market?​​

Geopolitical conflicts are like throwing a bomb into the market, with funds frantically fleeing to gold and oil (gold prices surged to $3,430, and oil prices skyrocketed by 6%). And what about the cryptocurrency market? Clearly, it should be 'digital gold', but instead, it plummeted alongside U.S. stocks.