📉 Market Downturn & Geopolitical Tensions
The market is seeing a sharp "risk-off" sell-off due to rising US-Iran conflict fears.
· Bitcoin Slumps: BTC hit a two-week low, slipping below $77,000 after briefly touching $76,711.
· Mass Liquidations: Rising oil prices and bond yields triggered roughly $584 million in long liquidations across the crypto market in 24 hours, with ETH taking the heaviest hit .
· Macro Pressure: High Treasury yields raise the cost of holding crypto, while traders are pricing in a 98% chance the Fed will keep rates unchanged through at least June.
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