<ul><li>The crypto market cap is down by 6%, with more than $550 million worth of futures contracts liquidated amid escalating geopolitical tensions in the Middle East.</li><li>The total crypto market cap has dropped to $2.24 trillion as tensions between Iran and Israel rise.</li><li>In the past 24 hours, over $556 million worth of futures contracts were liquidated, with Bitcoin, Ethereum, and Solana seeing the highest liquidations.</li><li>The majority of liquidations were long positions, indicating expectations of upward price movement in October.</li></ul>

Crypto Market Cap Shrinks By 6%, With Liquidations Surpassing $550 Million

Discover more