At 3:29 AM on $BTC , a shot was fired in the Middle East, and the cryptocurrency market instantly collapsed! Early this morning, Israel suddenly launched airstrikes on Iranian nuclear facilities, igniting global risk aversion. Bitcoin plummeted $2000 in just 15 minutes, Ethereum fell below the $2500 mark, and over $1 billion was liquidated across the network in 24 hours—most notably, a Binance user suffered a single liquidation of $200 million; this wave is simply a 'mass cremation site for leveraged players.'

Why does war affect the cryptocurrency market? Geopolitical conflicts are like throwing a bomb into the market, causing funds to flee wildly toward gold and oil (gold prices surged to $3430, oil prices jumped 6%). And what about the cryptocurrency market? It should clearly be 'digital gold,' yet it plummeted alongside U.S. stocks. In short, large funds now only recognize 'real safe havens' and do not believe that altcoins can withstand risks. Additionally, the previous market had reached full leverage (BTC's open contracts increased by 18% in a week), and speculators directly crashed the market to reap profits, leaving retail investors with no chance to escape.