$BTC A gunshot echoed in the Middle East, and the cryptocurrency market collapsed in an instant!
Early this morning, Israel suddenly launched an airstrike on Iranian nuclear facilities, causing global risk aversion sentiments to explode. Bitcoin plummeted by $2,000 in 15 minutes, and Ethereum directly fell below the $2,500 mark, with over $1 billion liquidated across the network in 24 hours—what’s even worse is that a user on Binance had a single liquidation of $200 million; this wave is simply a 'collective crematorium for leveraged players'.
Why does war bring disaster to the cryptocurrency market?
Geopolitical conflicts are like dropping a bomb into the market, with capital frantically fleeing to gold and oil (gold prices surged to $3,430, and oil prices soared by 6%). And what about the cryptocurrency market?