😱🩸Bitcoin and altcoins fell hard: There is a bloody destruction of $ 870 million in the derivatives market

Iran's airstrike on Israel caused sharp declines in the cryptocurrency market. #Bitcoin retreated to the levels of 60 thousand dollars, while some altcoins lost value by more than 30 percent. On the derivative market, there was an $ 870 million destruction.

The news that Iran has launched an airstrike on Israel has deepened the declines that began on Friday in the cryptocurrency market.

#BTC , the number one cryptocurrency by market value, fell to 60 thousand 660 dollars, while altcoins were dominated by double-digit declines. Many altcoins suffered Decays of between 20 and 30 percent in minutes.

Ethereum fell below $ 3 thousand, while XRP, which saw $ 0.43, fell to its level of 1 year ago. Among the top 100, the biggest value losses were suffered by ORDI, which fell by 30 percent, EOS, which fell by 24 percent, and AAVE, which fell by 24 percent.

According to Coinglass data, more than 230 thousand users' positions have been closed with losses in leveraged transactions in the last 24 hours. The size of the positions closed at a loss increased to more than $ 870 million.

On the other hand, the price of the token PAXG, which is based on 1 ounce of gold, has increased dramatically. The token that investors are attacking has passed 3 thousand dollars. An ounce of gold had made Friday's close at $ 2,344.

#BullorBear #binance #altcoin