February 28 News: According to Watcher.Guru on X platform, after Israel launched an attack on Iran, the global cryptocurrency market experienced intense fluctuations, with approximately $100 million in long positions forcibly liquidated within just 15 minutes. Sudden geopolitical risks quickly impacted risk assets, sparking discussions on topics such as “The impact of Israel-Iran conflict on Bitcoin” and “Analysis of sudden liquidation causes in the crypto market.”
Following the news, mainstream crypto asset prices rapidly declined, and leverage in the derivatives market came under pressure, with liquidation scales sharply increasing. Market experts pointed out that in a high-leverage environment, geopolitical conflicts often trigger a chain reaction of deleveraging, amplifying volatility in a short period. The future trend will still depend on the developments in the Middle East and changes in global risk sentiment.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Altcoin attention drops to a two-year low, market funds shift to Bitcoin. When will the next altcoin season arrive?
Crypto data platform Santiment shows that altcoin discussion has dropped to a two-year low, with market focus shifting to Bitcoin. The social dominance index has fallen to 33. Despite the cooling off, Santiment believes this could be a potential buy signal, as historical data indicates a market rebound is imminent. Bitcoin outperformed altcoins, with the global cryptocurrency market cap falling by about 43%, but Bitcoin's price rebounded by over 7%. Trump's call for crypto market reforms is seen as a short-term positive.
GateNews12m ago
Bitcoin Experiences Bullish Pump Reclaiming $73,000 in the Last 24 Hours and Sparking Hope
Bitcoin experiences bullish pump reclaiming $73,000 in the last 24 hours.
The asset went up by over 9% over the last day.
This surge in price sparks hope for a steady market recovery.
The pioneer crypto asset, Bitcoin (BTC), has experienced a sudden pump in market price as the asset
CryptoNewsLand14m ago
Billionaire Chamath Palihapitiya warns Bitcoin lacks privacy for central bank reserves.
_Chamath Palihapitiya says Bitcoin lacks the privacy and fungibility required for central bank reserve assets._
_Bitcoin climbed above $73,000 after a 7% daily gain, reaching its highest level in about one month._
_A social media post promised a 0.5 BTC giveaway worth about $36,000
LiveBTCNews25m ago
Data: 159 BTC transferred out from Wintermute, worth approximately $11.52 million
ChainCatcher reports that, according to Arkham data, at 13:56, 159 BTC (worth approximately $11.52 million) was transferred from Wintermute to an anonymous address (3AbzgWxLFK1nFawZXqDBJuqFGoQGRp6VU1).
GateNews30m ago