{"id":3677,"date":"2025-06-22T17:32:04","date_gmt":"2025-06-22T17:32:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-market-hit-by-1b-in-liquidations-after-us-strikes-iran\/"},"modified":"2025-06-22T17:32:08","modified_gmt":"2025-06-22T17:32:08","slug":"crypto-market-hit-by-1b-in-liquidations-after-us-strikes-iran","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-market-hit-by-1b-in-liquidations-after-us-strikes-iran\/","title":{"rendered":"Crypto market hit by $1b in liquidations after US strikes Iran"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Roughly 240,000 traders were liquidated in the past 24 hours as the crypto market reeled from news that U.S. bombers attacked Iran\u2019s main nuclear sites, according to Coinglass. <\/p>\n<p>Total liquidations <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/en\/LiquidationData\" target=\"_blank\">topped<\/a> $1.03 billion by midday on Sunday in New York, highlighting the scale of the market shakeout.<\/p>\n<p>With traditional markets closed for the weekend, crypto was the first to react to the geopolitical shock. <\/p>\n<p>By Sunday morning in New York, Bitcoin (BTC) had dropped as much as 4% to just above $99,300, while Ethereum fell 9% to $2,185\u2014its lowest intraday level since May 9.<\/p>\n<p>See the Bitcoin chat below.<\/p>\n<figure class=\"wp-block-image size-large\"><picture decoding=\"async\" class=\"wp-image-14390860\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture>\n<\/figure>\n<p>The crypto market plunged after President Donald Trump announced late Saturday that U.S. forces bombed three Iranian nuclear facilities in \u201cOperation Midnight Hammer.\u201d <\/p>\n<p>Bitcoin dropped to its lowest level since early May. Ethereum plummeted more than 10% to $2,171, but at last check had inched up 1.2% to $2,205.5.<\/p>\n<p>Altcoins like XRP, Solana, and Dogecoin also hit two-month lows. Liquidations surged to $949 million in 24 hours, mostly from long positions. <\/p>\n<p>Prediction markets like Myriad show growing bearish sentiment, with 65% of <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/myriad.markets\/markets\/ethereum-s-next-hit-moon-to-3000-or-dip-to-2000\" target=\"_blank\">users<\/a> expecting Bitcoin to fall below $95,000 before reaching a new high.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Roughly 240,000 traders were liquidated in the past 24 hours as the crypto market reeled from news that U.S. bombers attacked Iran\u2019s main nuclear sites, according to Coinglass. Total liquidations&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3677"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3677\/revisions"}],"predecessor-version":[{"id":3679,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3677\/revisions\/3679"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3678"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}