Bitcoin dropped to around $63,000 after reports of an Israeli strike on Iran escalated geopolitical tensions and rattled global markets. The sudden risk-off reaction triggered over $100 million in leveraged long liquidations within minutes, amplifying the downside move. Crypto markets saw a sharp spike in volatility as traders reduced exposure, with derivatives funding rates flipping and open interest declining. The move highlights Bitcoin’s sensitivity to geopolitical risk, with volatility rising sharply during unexpected global events.
In the past month, Bitcoin is up 25.72% but has now retreated to $78,900 following…
Goldman Sachs has taken the top spot among institutional holders of spot XRP ETFs, according…
The XDC price is sitting in a zone that bulls have defended before, and the…
The XRP Ledger is moving beyond payments and token transfers as Clearpool, Ripple, and Cicada…
The BNB price is ending August at a rather awkward spot. After falling from the…
XRP has spent the past several days trading sideways after a big rally, and that…
