According to Francisco Rodrigues, Bitcoin (BTC) dropped 2.9% as Israeli airstrikes on Iran intensified geopolitical risks, causing a broad cryptocurrency market decline with a key index falling 6.1%. Jake Ostrovskis, an OTC trader at Wintermute, noted that Solana (SOL) initially rallied on SEC ETF filing updates but later fell 9.5% due to risk aversion. Bloomberg ETF analysts estimate a 90% probability of SOL ETF approval by year-end. Despite $939 million in BTC ETF inflows and $811 million in ETH ETF inflows month-to-date, Velo data shows derivatives open interest dropped to $49.31 billion, and Coinglass reported $1.16 billion in liquidations, primarily from long positions.

According to CoinDesk, Bitcoin (BTC) declined 2.9% amid risk aversion from Israeli airstrikes on Iran, with the CoinDesk 20 Index falling 6.1% over 24 hours. SOL dropped nearly 9.5% despite earlier SEC ETF optimism, and liquidations totaled $1.16 billion based on CoinGlass data.

According to Francisco Rodrigues, cryptocurrencies declined sharply due to Israeli airstrikes on Iran, heightening global risk aversion and causing a broad crypto market index to fall 6.1% over 24 hours, with BTC down 2.9%. Jake Ostrovskis from Wintermute noted that SOL dropped nearly 9.5% despite earlier gains on SEC ETF filing updates, while Farside Investors reported BTC ETF inflows of $939 million month-to-date. Velo data showed derivatives open interest plummeting to $49.31 billion, and Deribit data indicated rising BTC and ETH put/call ratios at 1.28 and 1.25, signaling increased demand for downside protection. Coinglass data revealed $1.16 billion in liquidations, with 90% from long positions.