💥Iran, a big news! Bitcoin fell below $60,000, and 62,000 people were liquidated! 💥
According to Israeli intelligence, Iran is preparing to directly attack Israel in retaliation for the assassination of Hamas leaders in Tehran, and may take action within a few days. Iran is considering canceling its retaliation plan in exchange for a ceasefire in Gaza, but Hamas has rejected an invitation to participate in relevant negotiations.
Traditionally, people seek safe-haven assets such as gold when the market is turbulent. However, the price of Bitcoin, known as "digital gold", fell below $60,000, and the panic sentiment index fell to 25 (extreme fear), indicating that Bitcoin's safe-haven properties have weakened.
In the past 24 hours, about 62,000 investors suffered liquidations, involving a total amount of $160 million, of which long positions lost $130 million, and the largest single liquidation amount was $2.1686 million. This reflects the drastic impact of market volatility.
In view of the recent sharp fluctuations in the cryptocurrency market, investors are advised to reduce the use of leverage and hold spot. Many negative factors may be short-term and have little impact on Bitcoin's fundamentals.