Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows
CryptoSlate
Rising US-Iran geopolitical tensions triggered a sharp Bitcoin decline, causing massive liquidations and accelerating institutional outflows from spot Bitcoin ETFs.Summary
Bitcoin dropped toward $72,000 following US airstrikes on Iranian targets, which spiked energy prices and triggered widespread market risk aversion. The volatility led to approximately $930 million in derivative liquidations, primarily hitting bullish leveraged positions. Simultaneously, US spot Bitcoin ETFs experienced their second-largest outflows of the year, with total net withdrawals reaching $733.4 million as investors pulled back amid growing macroeconomic and regional instability.
(Source：CryptoSlate)