US EditionCrypto Majors SOL, XRP, DOGE Recover After $1B Weekend Liquidation Rout
IRAN, JUN 22 – The U.S. strike on Iranian nuclear sites caused over $1 billion in cryptocurrency liquidations as investors fled amid fears of escalating conflict and oil price surges.
- Over $1 billion worth of cryptocurrency positions were liquidated on Sunday following Bitcoin’s decline below $99,000, which led to forced selling on major derivatives exchanges.
- The selloff stemmed from a technical breakdown combined with geopolitical tensions following U.S. strikes on Iranian nuclear sites announced late Saturday.
- The crisis exposed market overexposure to long bets, dragged down altcoins like Solana, XRP, and Dogecoin, and coincided with a collapse in spot bitcoin ETF inflows.
- Analysts noted that over 95% of liquidations came from long positions and that Bitcoin’s correlation with tech stocks rose sharply during this period of macroeconomic and geopolitical stress.
- By Monday, crypto markets showed signs of recovery as traders reassessed interest rate paths amid optimism the Iran-Israel conflict would remain contained locally.
27 Articles
27 Articles
Trump Wants to Achieve What His Predecessors Failed to Do, but There Is a Danger Lurking in His Mind
On the orders of President Trump, the US has launched targeted airstrikes on three nuclear facilities in Iran, but is this justified? Can Iran retaliate? And what does this mean for the violence in Gaza? Five questions and answers.
Crypto Market Plunges Amid $1B Liquidation After U.S. Strikes Iran
Crypto markets saw $1B in liquidations as Bitcoin crashed to $99,300 post-U.S. airstrikes. Iran’s Strait of Hormuz threat shook markets; oil futures are expected to spike as escalation looms. The GMCI30 index dropped 10%, while AI-linked and small-cap tokens plunged 20% and 17%, respectively. The cryptocurrency market reeled this weekend following U.S. airstrikes on Iranian nuclear facilities. Market volatility surged, with over $1 billion in cr…
Crypto Whales See Major Wins and Losses as Israel-Iran Tensions Shake the Market – MAXBIT
On Sunday, the US entered the Iran-Israel conflict by targeting three Iranian nuclear sites via ‘Operation Midnight Hammer.’ This escalation stirred significant volatility in the crypto market, leading to a widespread downturn. High-stakes crypto whales also felt the effects, experiencing both gains and losses. This highlighted the risks and potential rewards of leveraged trading in...
SOL, XRP, DOGE Lead Altcoin Recovery After $1B Weekend Liquidation
Crypto traders are in a rebound mode after the panic selling over the weekend, triggered by U.S. military strikes on Iran’s nuclear facilities, forced massive liquidations. Solana , XRP , and Dogecoin , which were hardest-hit among the altcoins, are showing signs of recovery as leveraged bets reset and spot buying returns. STORY CONTINUES BELOW... The post SOL, XRP, DOGE Lead Altcoin Recovery After $1B Weekend Liquidation appeared first on Daily…
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
