Bitcoin, Ethereum, XRP, Dogecoin Tumble Amid Report Of Fresh US Strikes On Iran: Analyst Flags 'Structurally Fragile Setup' Developing For BTC
Cryptocurrencies fell Wednesday as reports of fresh U.S. strikes on Iran emerged, with Bitcoin down 2.03% to $74,176.96 and Ethereum down 2.65% to $2,017.29. XRP and Dogecoin also declined. Coinglass data cited by the article shows $450 million liquidated in 24 hours. CryptoQuant said a “structurally fragile” Bitcoin setup is developing amid weak spot demand and rising leverage.