$BTC

Cryptocurrency Market Overview: When Geopolitics Affects Your Portfolio

Total Market Capitalization: $3.36 trillion (down 7%)

📉 In the past twelve hours, the cryptocurrency market has lost over $190 billion - as if an entire country, like Greece, vanished from the global economy overnight! The reason? Israel launched a missile attack on Iranian nuclear facilities, causing panic in the markets.

What is happening?📈

📉 Bitcoin's value dropped from $108,350 to $103,000 in just hours - this is classic panic selling amid geopolitical risks!

📉 Ethereum's value fell by over 9%, dropping from $2,760 to $2,470 - alternative currencies traditionally suffer more than major currencies.

📉 In the last 24 hours, nearly 250,000 traders were liquidated for a total of a billion dollars - it's like a tsunami swept away an army of optimists!

📉 Over 90% of the liquidated positions were long-term - this is a lesson that leverage in uncertain times can be deadly.

Conclusion: Geopolitical shocks remind us that the cryptocurrency market is still susceptible to traditional risk factors. But as former hedge fund manager James Lavish says: "Smart investors will turn to assets that cannot be devalued. The smartest will buy Bitcoin!"