According to Coinglass data, nearly 1 billion dollars was liquidated in the last 24 hours, with a significant portion of liquidations occurring in the last hour. The total cryptocurrency market has experienced a decline of 8%.

On the night of Thursday (13), Israel launched an attack on Iran and declared a state of emergency, which triggered a rapid escalation of the conflict and shook the cryptocurrency market.

According to data from Coinglass, nearly $1 billion was liquidated in the last 24 hours, with a large portion of the liquidations occurring in the last hour. The overall crypto market suffered an 8% decline.

At this moment, Bitcoin has dropped from $108,000 to $103,500, and altcoins have been the most affected, with even more significant losses.