$ETH Price rollback due to geopolitics
Due to the escalation of the Israel-Iran
conflict, Bitcoin fell by more than 4%, first to
$103,274, but then partially recovered to
around $105,000. The crash also affected
other cryptocurrencies (Ethereum -7%,
Solana -9%), while gold rose by 1.1%.
• Liquidations of $1+ billion
Due to the sudden drop and high leverage
exposure of Bitcoin, over $1.16 billion in
positions were liquidated within a day.
• Consolidation below $105,000
Continued rollback: Bitcoin broke through the
$105,000 mark, updating local lows around
$104,700.🚀🚀