According to CoinDesk, Bitcoin (BTC) dropped 2.9% and the CoinDesk 20 Index declined 6.1% over 24 hours as Israeli airstrikes on Iran heightened global risk aversion, sparking a flight from cryptocurrencies. Solana (SOL), which had rallied on SEC ETF approval speculation, plunged nearly 9.5% amid the conflict, while spot BTC ETFs recorded $86.3 million in daily net inflows. Derivatives data from Velo and Deribit showed increased demand for downside protection, with $1.16 billion in liquidations reported by CoinGlass.