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Today's News Highlights (Follow for updates)
1. Market declines across the board: US-Iran conflict sparks panic
Due to the breakdown of US-Iran negotiations and the rapid escalation of Middle East tensions, the global crypto market experienced a significant correction today, with risk assets under heavy pressure.
• Bitcoin (BTC): Dropped from a high of $73,000 within 24 hours, touching a low of $70,500, currently trading at $70,600–$71,000, down approximately 2.6%.
• Ethereum (ETH): Performed worse, with a decline of over 3.6%, trading around $2,200.
$ETH
• Mainstream coins decline: SOL, DOGE, XRP, etc., generally down 3% to 5%, market risk aversion is strong.
• Liquidation data: $281 million liquidated across the entire network in 24 hours, 146.8k traders forced to liquidate, with long positions accounting for $202 million, causing heavy losses for chasing longs.
• Market sentiment: Fear index at 43 (neutral to slightly bearish), trading volume has not significantly increased, indicating funds are mainly on the sidelines.
#Gate广场四月发帖挑战 #加密市场小幅下跌 $BTC You$GT #