Summary
- Bitcoin (BTC) fell 6% intraday on news of U.S. and Israeli military operations targeting Iran, sliding to around $63,000.
- U.S. President Donald Trump said the United States had carried out a major military operation against Iran, with the goal of eliminating the threat posed by Iran’s regime.
- The weakness triggered liquidations of futures positions totaling about $250 million across the digital-asset market over roughly four hours.
Forecast Trend Report by Period
Bitcoin (BTC) tumbled following U.S. and Israeli military operations targeting Iran.
According to Cointelegraph, a digital-asset (cryptocurrency) news outlet, Bitcoin fell as much as 6% intraday on the day, sliding to around $63,000.
U.S. President Donald Trump said on his social media (SNS) that the United States had carried out a “major military operation” against Iran, adding that the objective was to eliminate the threat posed by Iran’s regime and defend the American people.
Meanwhile, the selloff triggered large-scale liquidations in the futures market. According to Coinglass data, liquidations across the digital-asset market totaled about $250 million over roughly four hours.
Uk Jin
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