The Israeli Air Force launched attacks overnight against multiple Iranian nuclear and military facilities, promising to eliminate Iran's nuclear capability. Markets reacted strongly:
⚫ Bitcoin fell 2% and Ethereum 4.4% in one hour.
⚫ Over $1.01 billion in cryptocurrency positions were liquidated in 24 hours, and $945 million in long positions were wiped out.
⚫ The largest individual liquidation was a BTC/USDT position of $201 million on Binance.
Futures fell, while oil and gold surged. Tensions remain high as Iran warns of "severe reprisals" and Israel indicates that the operation will continue "as long as necessary." Cryptocurrency markets are reacting accordingly with risk aversion.
