Bitcoin, Ethereum, XRP clamber for support amid escalating volatility on Israel-Iran tensions
- Bitcoin recovers slightly from support tested at $102,513 as global markets react to tensions between Israel and Iran.
- BTC derivatives market liquidations surge, hitting $446 million in the last 24 hours as Open Interest drops below $70 billion.
- Ethereum extends losses but holds above the 200-day EMA as the spot ETF net inflow streak holds steady.
- XRP downside risks escalate, accelerating the decline toward the $2.09 support level.
The cryptocurrency market has been hit by a sudden wave of extreme volatility, triggering widespread declines as global markets react to tensions between Israel and Iran. Bitcoin (BTC) is hovering at around $104,668 at the time of writing on Friday, following a reflex recovery from support…
