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Bitcoin, Ethereum, XRP, Dogecoin Retreat up to 6% on Escalating US-Iran Tensions

Crypto Benzinga ✦ xCruzo 🇺🇸🇪🇸
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Bitcoin, Ethereum, XRP, Dogecoin Retreat up to 6% on Escalating US-Iran Tensions
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Bitcoin, Ethereum, XRP, and Dogecoin retreated up to 6% as escalating U.S.-Iran tensions triggered a broader risk-off move across cryptocurrency markets. The article reports that Coinglass recorded 128,517 trader liquidations over the prior 24 hours totaling $369.27 million. It also cites SoSoValue data showing net inflows of $21.4 million into spot Bitcoin ETFs on Tuesday and $26.9 million into spot Ethereum ETFs. Among daily decliners, the piece names Jupiter, Aerodrome Finance, and Pi as top losers. It includes market commentary from multiple traders: Kevin expects Bitcoin to sweep long liquidity near $44,000, while others note weakening selling pressure and a potential near-term window in the $50,000 area before a longer recovery.

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