Bitcoin, Ether Plummet Amid Trump's Iran Threats
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Bitcoin and Ether plummeted today, with Bitcoin dropping 2.4% and Ether falling 4.4%, amidst broader market jitters triggered by President Trumps comments on Iran. Oil prices surged, and Nasdaq, S&P 500 futures, and the U.S. dollar also saw significant changes. Traders turned bearish, with Bitcoin and Ether funding rates hitting their lowest since March and October, and nearly $400 million in futures liquidated. DeFi tokens were hit hardest, with the DeFi Select Index and Computing Select Index both down over 5%. Volatility remains stable, and the altcoin season index dipped to 42 out of 100, as geopolitical tensions continue to impact the market.
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