Bitcoin Plunges Below $75K as US-Iran Tensions Wipe Out $945M in Crypto Leveraged Bets

TLDR: Bitcoin fell to $74,300 Saturday as US military preparations against Iran rattled crypto markets badly. Nearly $945 million in leveraged crypto positions were liquidated, mostly long bets caught off guard. The total crypto market cap dropped 3% to $2.5 trillion within 24 hours, per CoinGecko data released. Pakistan and Qatar are brokering talks, but [...]

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