Bull/Bear Index 46.2/100
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crypto
BEAR
90/10
TokenPost · 2h ago
Bitcoin Plunges…Middle East Risk and BlackRock ETF Selling Overlap
Bitcoin price sharply dropped over 3.5% in a day, leading to nearly $1 billion in liquidations. This decline is attributed to two simultaneous factors: escalating Middle East geopolitical risk (US-Iran conflict re-escalation, 5% oil price surge) and large-scale spot ETF selling, including from BlackRock.
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