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Crypto Market Suffers Sharp Losses as US Enters Iran-Israel Conflict With Direct Strikes
- US airstrikes on Iranian nuclear sites cause a sharp sell-off in the global crypto market.
- Bitcoin briefly dips below $103K, while altcoins like ETH and ADA suffer 5-10% losses.
- Over $670 million in crypto liquidations recorded as market volatility surges.
- US conducts targeted airstrikes on Iranian nuclear facilities in an escalation of the Iran-Israel conflict.
- President Trump confirms the strikes on Fordow, Natanz, and Esfahan.
- Crypto assets face heavy liquidations and price declines due to the geopolitical tensions.
- Ethereum (ETH) falls over 5%, Cardano (ADA) drops 6%, and AI-related tokens plunge nearly 10%.
- Bitcoin briefly slips to $102,500 amidst market turbulence but rebounds above $103,000.
- Bitcoin's price resilience is tested, and analysts warn of the $100,000 psychological support level.
- Total crypto derivatives liquidations exceed $670 million in the past 24 hours.
- Market sentiment remains cautious amid potential Iranian retaliation and US military threats.
- Geopolitical risks contribute to heightened volatility in the crypto market.
- Traders face uncertainty as digital assets become intertwined with global politics.
- Crypto market braces for further instability as tensions rise.
- Investors weigh potential buying opportunities against the risk of deeper corrections.
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