Bitcoin, Ethereum, Dogecoin Drop As Geopolitical Tensions Escalate

The cryptocurrency market pulled back Tuesday morning, driven by heightened geopolitical concerns following Trump’s evacuation warning regarding the Iran-Israel conflict.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $105,869.34 -0.9%
Ethereum (CRYPTO: ETH) $2,551.61 -2.3%
Solana (CRYPTO: SOL) $150.97 -3.2%
XRP (CRYPTO: XRP) $2.21 +0.1%
Dogecoin (CRYPTO: DOGE) $0.1715 -2.9%
Shiba Inu (CRYPTO: SHIB) $0.00001172 -3.6%

Notable Statistics:

  • IntoTheBlock data shows that Bitcoin and Ethereum’s large transaction volumes increased 116.4% and 189.5%, respectively. Also, BTC’s daily active addresses witnessed a growth of 18.1%. Ethereum exchanges’ net flows widened by 4,988.5% in a single day.
  • Coinglass data shows 104,900 traders were liquidated in the past 24 hours with the total liquidations at $354.58 million.
  • SoSoValue data shows net inflows of $412.2 million into spot Bitcoin ETFs while Spot Ethereum ETFs saw net inflows of $21.4 million.

Trader Notes: Crypto trader Jelle noted that …

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