Bitcoin

Bitcoin currency and market dominance

$1.15 billion includes accounts of 243,637 traders liquidated in the last twenty-four hours in the cryptocurrency market, according to data from 'CoinGlass' that we reviewed. It is worth noting that the largest liquidation occurred on the 'Binance' platform, with a total exceeding $201.1 million, as this collective decline was primarily driven by geopolitical tensions in the Middle East represented by the Israeli attack on Iran.

♦️ The largest cryptocurrency (Bitcoin) fell by about 2.3% in the last twenty-four hours, influenced by the escalating geopolitical tensions in the Middle East following the Israeli attack on Iranian nuclear facilities, which accelerated the pace of profit-taking and hedging against high-risk assets, led by cryptocurrencies.

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