Iran Allegedly Started Missile Attacks on Israel – Here is the Latest Situation in Bitcoin and Cryptocurrencies After the Development
According to breaking information, foreign media sources claim that Iran has launched missile attacks against Israel.
Following the claim, a minimal price drop was recorded in the BTC price.
The world's largest cryptocurrency, which rose above $66,000 last week, fell due to tensions between Israel, Iran and Lebanon. However, the price of an ounce of gold, which is considered a safe haven by some, gained 1.33% in the last 24 hours today.
The decline in BTC was 1.85% in the last 24 hours. On the other hand, there are declines in altcoins as well. Many altcoins recorded more severe declines than BTC. The losses of the world's largest altcoin, Ethereum, were almost 4% in the last 24 hours.
On the other hand, the biggest losers among the top 100 altcoins were Arweave (AR) with 11%, Notcoin (NOT) with 9% and Lido DAO (LDO) with 8%. Interestingly, the FTX token saw double-digit gains in the last 24 hours.
On the liquidation side, surprisingly, a huge liquidation of $355 million was observed in the entire cryptocurrency market. $301 million of these were in long positions.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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