Crypto Markets Plunge as Middle East Tensions Trigger Global Selloff

BTC hovers around $105,000, while ETH sinks to $2,500; leveraged liquidations hit their highest level since February.

Major digital assets recorded losses for a second day as geopolitical tensions heightened in the Middle East.

Bitcoin (BTC) has rebounded to $105,400 after falling as low as $102,900, while Ethereum (ETH) is down 6.3% to $2,550 over the past 24 hours. XRP declined nearly 4% to $2.15, and Solana (SOL) slid 6.4% to $147.

BTC Price chart
BTC Price

The total cryptocurrency market capitalization fell 5% in the past 24 hours to $3.4 trillion. Leveraged liquidations surged to $1.11 billion during the same period – the largest since February – according to CoinGlass. Bitcoin (BTC) accounted for about $438 million of that total, while Ethereum…

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