IRGC targets US base in retaliation for Bandar Abbas strikes, triggering $200M in crypto liquidations

The near-$1 billion crypto liquidation spree comes amid rising tensions over the U.S.-Iran conflict and ETF outflows.

Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin.

Geopolitical tensions underscore the vulnerability of crypto markets, highlighting the risks of leverage amid unpredictable global events. The post Iran’s IRGC strikes US airbase in retaliation, raising crypto market volatility concerns appeared first on Crypto Briefing.

The crypto market remained under pressure on Thursday as renewed military tensions between the United States and Iran triggered another sharp wave of liquidations and ETF outflows. According to data from CoinGecko, the total cryptocurrency market capitalization fell roughly 4%…

The post EUR/JPY Price Forecast: Loses momentum to near 185.00, but bias stays bullish appeared on BitcoinEthereumNews.com. The EUR/JPY cross loses momentum to near 185.10 during the early European session on Thursday. Escalations in the US-Iran conflict boost the safe-haven currency, such as the Japanese Yen (JPY) and act as a headwind for the cross.  CNN reported on Thursday that Iran’s Islamic Revolutionary Guard Corps (IRGC) launched an attack targeting an American air base, which they said was the source of US strikes on Iranian targets hours before. The US strikes targeted Iranian drones and a launch site near the Strait of Hormuz.  Traders will keep an eye on the Tokyo May Consumer Price Index (CPI) inflation report, which is due later on Friday. In case of a softer-than-expected Tokyo CPI print, this could drag the Japanese Yen lower against the Euro (EUR) in the near term.  Technical Analysis: In the daily chart, EUR/JPY holds a mild bullish bias as it trades above the 100-day

The escalation risks disrupting global oil supply, heightening geopolitical tensions, and impacting financial markets, especially oil and crypto. The post Iran’s Revolutionary Guards strike US airbase after American operation near Bandar Abbas appeared first on Crypto Briefing.

The IRGC's actions heighten US-Iran tensions, reducing prospects for diplomatic resolutions and increasing regional instability risks. The post IRGC retaliates against US base amid heightened tensions with Iran appeared first on Crypto Briefing.

Geopolitical tensions heighten market volatility, impacting short-term crypto outlooks but leaving long-term Bitcoin predictions largely stable. The post Bitcoin falls below $73K as US airstrikes on Iran trigger $1B liquidations appeared first on Crypto Briefing.