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CLAIM YOUR REWARD FROM MY PINNED POSTS...🎁🎯 The cryptocurrency market faced significant upheaval after Iran's airstrike on Israel, resulting in sharp declines across the board. #Bitcoin plunged to $60,660, while numerous altcoins saw substantial losses exceeding 30%. The derivative market bore the brunt, experiencing an astounding $870 million in losses. The news of Iran's airstrike worsened the ongoing market decline that commenced on Friday, triggering a rapid and considerable sell-off. #BTC's retreat to $60,660 was accompanied by double-digit drops in many altcoins, with losses ranging from 20% to 30% within minutes. Ethereum slipped below $3,000, and XRP, hitting $0.43, fell to levels not seen in a year. Among the top 100 cryptocurrencies, ORDI experienced the most significant loss of 30%, followed by EOS and AAVE, both down 24%. According to Coinglass data, over 230,000 leveraged positions were liquidated at a loss in the past 24 hours, totaling more than $870 million in losses. Conversely, PAXG, a token pegged to the price of one ounce of gold, surged dramatically, surpassing $3,000. This surge occurred as the price of an ounce of gold closed at $2,344 on Friday

CLAIM YOUR REWARD FROM MY PINNED POSTS...🎁🎯

The cryptocurrency market faced significant upheaval after Iran's airstrike on Israel, resulting in sharp declines across the board.

#Bitcoin plunged to $60,660, while numerous altcoins saw substantial losses exceeding 30%. The derivative market bore the brunt, experiencing an astounding $870 million in losses.

The news of Iran's airstrike worsened the ongoing market decline that commenced on Friday, triggering a rapid and considerable sell-off. #BTC's retreat to $60,660 was accompanied by double-digit drops in many altcoins, with losses ranging from 20% to 30% within minutes.

Ethereum slipped below $3,000, and XRP, hitting $0.43, fell to levels not seen in a year. Among the top 100 cryptocurrencies, ORDI experienced the most significant loss of 30%, followed by EOS and AAVE, both down 24%.

According to Coinglass data, over 230,000 leveraged positions were liquidated at a loss in the past 24 hours, totaling more than $870 million in losses.

Conversely, PAXG, a token pegged to the price of one ounce of gold, surged dramatically, surpassing $3,000. This surge occurred as the price of an ounce of gold closed at $2,344 on Friday

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CLAIM YOUR REWARD FROM MY PINNED POSTS...🎁🎯 Solana’s open interest and price have both decreased in the past 24 hours, mirroring a broader downturn in the cryptocurrency market. Despite this, investors maintain optimism, seeing the decline as a possible opportunity for investment. In the past 24 hours, Solana’s open interest and price have both declined, which mirrors a general downturn in the cryptocurrency market. Despite this setback, investors maintain optimism and view it as a favorable opportunity. According to CoinGlass data from April 14th, Solana’s open interest fell by approximately 21% to $1.62 billion compared to the previous day. Solana Price Declines Amidst Market Downturn Open interest measures the total value of all outstanding or unsettled Solana futures contracts on exchanges. According to CoinMarketCap data, Solana’s price experienced a 24-hour drop of 11%, trading at $136.54 at the time of writing. This sudden decline in price wiped out investors’ long positions worth $36.55 million, disappointing those who anticipated a price increase ahead of the upcoming Bitcoin halving event on April 20th. The top 10 cryptocurrencies also witnessed a similar decline during this period. XRP experienced the most significant drop of 12.12% in the last 24 hours, closely followed by Dogecoin with a 10.86% decrease, and Cardano with a 10.20% decrease. While the duration of this downturn remains uncertain, investors maintain a positive outlook for the general altcoin market
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