Why Is Crypto Down Today? $1B Liquidations and Israel-Iran Tensions Trigger Market Crash
Escalating Israel-Iran tensions and over $1.16 billion in crypto liquidations have triggered a sharp market sell-off, with Bitcoin dropping to $102K and Ethereum losing nearly 9%.Traders are bracing for more volatility ahead of the FOMC meeting, as rising demand for downside protection signals growing short-term bearish sentiment. The crypto market faced a brutal sell-off this…