The tension between Iran and Israel has caused a sharp decline in Bitcoin and altcoin prices. Bitcoin has dropped below $60,000, and Ethereum, Solana, XRP, and Dogecoin are also trading in the red. Only four altcoins, Aptos, Flare, Stacks, and Tron, are experiencing an increase. The biggest losers in the last 24 hours are Conflux, Ethena, and Wormhole. During this decline, a significant amount of long positions were liquidated, resulting in $277.9 million worth of leveraged trades being liquidated in the last 24 hours. The largest single liquidation order occurred on Binance for the ETH/USDT trading pair, with a transaction value of $12.24 million.



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