At #以色列伊朗冲突 , a shot was fired in the Middle East, causing the cryptocurrency market to collapse instantly! This morning, Israel suddenly launched airstrikes on Iranian nuclear facilities, and global risk-averse sentiment exploded. Bitcoin plummeted by $2000 in 15 minutes, Ethereum broke the $2500 barrier, and over $1 billion was liquidated across the network in 24 hours—most notably, a trader on Binance lost $200 million in a single transaction, making this a 'crematorium for leveraged players.' Why does war affect the crypto market? Geopolitical conflicts are like dropping a bomb on the market, with funds frantically fleeing to gold and oil (gold prices surged to $3430, and oil prices soared by 6%). And what about the crypto market? It should have been the 'digital gold,' but instead, it plummeted along with U.S. stocks. Simply put, large funds are now only recognizing 'real safe-havens' and do not believe that altcoins can withstand risks. Additionally, the previous market had full leverage (BTC open contracts increased by 18% in a week), and whale traders took advantage of the news to dump their holdings and harvest profits, leaving retail investors with no chance to escape.
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