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via CoinDesk · By CoinDesk Staff
Bitcoin drops below $73,000 as US strikes on Iran spark $1 billion liquidations
BTC
BTC/USDT
$63,100.90
+0.16%
$63,100.90
+0.16%
(24s)24h Volume
$2,094,484,875.05
24h H/L
$63,175.00 / $62,968.45
Change: $206.55 (0.33%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0033%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(04:25 AM UTC)
1 min read
Crypto majors sold off 3% to 4% and nearly $1 billion in leveraged positions were wiped out after U.S. airstrikes on an Iranian military site near the Strait of Hormuz reignited the conflict markets had started to price out.
Bitcoin broke below $73,000 for the first time in months as fresh U.S. strikes on Iran sent risk assets lower and triggered one of the largest liquidation events of the year.
B…
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