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The Middle East war ignites the crypto world! The mutual missile attacks between Israel and Iran have led to a $3 billion liquidation in the crypto market. Bitcoin is staging a defense at the $100,000 mark, while Ether has fallen below $2,400, and altcoins are collectively collapsing!
Why can war shatter the crypto world?
There are three reasons:
First is the liquidity crisis, as Middle Eastern wealthy capital urgently withdraws, the redemption volume of stablecoin USDT surged by 40% yesterday, and the exchange was nearly bank-run;
Second, there is leverage liquidation. According to Deribit da
Why can war shatter the crypto world?
There are three reasons:
First is the liquidity crisis, as Middle Eastern wealthy capital urgently withdraws, the redemption volume of stablecoin USDT surged by 40% yesterday, and the exchange was nearly bank-run;
Second, there is leverage liquidation. According to Deribit da
