Bullish Crypto Bets Face Massive Liquidations as Geopolitical Risks Mount

TL;DR The crypto market fell by 5% following Middle East tensions, with $450 million in liquidations. Bitcoin reached $60,300 before partially recovering to $61,247, reflecting a daily loss of 4.1%. Despite massive liquidations, some analysts remain confident that BTC could reach $70,000 in the coming weeks. The cryptocurrency market suffered a sharp decline following the ... source: https://crypto-economy.com/bullish-crypto-bets-face-massive-liquidations-as-geopolitical-risks-mount/