Bitcoin, Ethereum, XRP, Dogecoin Plunge Over 3% on Escalating US-Iran Tensions
Bitcoin is trading around $62,000 on Monday as escalating U.S.-Iran military strikes triggered a broad risk-off move across global markets, pushing crypto sentiment deeper into the fear zone.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $61,895 |
| Ethereum | (CRYPTO: ETH) | $1,757 |
| Solana | (CRYPTO: SOL) | $74.76 |
| XRP | (CRYPTO: XRP) | $1.06 |
| Dogecoin | (CRYPTO: DOGE) | $0.07123 |
| Shiba Inu | (CRYPTO: SHIB) | $0.054125 |
Notable Statistics:
- Coinglass data shows 81,200 traders were liquidated in the past 24 hours for $326.94 million.
- SoSoValue data shows net inflows of $90.4 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $18.4 million.
- In the past 24 hours, top losers include DeXe, Pi and Lighter.
Notable Developments:
- Bitcoin Plummets Below $63,000: Why Is BTC Going Down Again?
- Bitcoin’s Rally Lacks Conviction, Glassnode Cautions: Is $60,000 Back in Play?
- Strategy Raised $467M, Bought No Bitcoin As MSTR Slides Toward $90
- Bitmine Adds $50M in ETH as Robinhood Unlocks 27 Million Users: What Is Happening?
- Ripple Considered Shutdown, Distributing XRP to Shareholders During SEC Legal Battle, CEO Reveals
- Eric Trump Notices Ethereum ‘Pumping Hard,’ But Top Analyst Says They’d Only Go Long After ETH Clears This Level
Trader Notes:
Trader KillaXBT’s best strategy is to wait for the short-term supply indicator to flip bullish rather than trading through the current sideways market.
Trader Jelle revealed that he is buying another batch of Bitcoin to increase long-term exposure in a “different week” but with “same plan.”
He plans to use the summer consolidation period to build position, anticipating the next bull run could drive BTC toward the $200,000 level.
Ted Pillows noted Bitcoin is targeting downside liquidity, with a key liquidity cluster around $62,000 that could be swept next.
If that level is cleared, attention could shift to upside liquidity between $65,000 and $66,000, making it the next potential target for a rebound.
Crypto chart analyst Ali Martinez says Bitcoin has been rejected from the upper end of its trading channel.
After losing the $63,000 mid-range support, BTC could decline toward the lower channel boundary near $61,700, where buyers may step in and provide support.
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