🚨 Today's cryptocurrency experienced sharp decline, these are the main reasons 👇
Digital currencies dropped sharply on Thursday due to escalating Middle East tensions and rising US inflation data (PPI), suppressing risk appetite 📉
📊 Details:
•
#BTC fell to $69,000
•
#ETH dropped to $2,100
• Other currencies such as $XRP $SOL $DOGE declined between 3%–6%
💥 More than $300 million in long positions were liquidated, exacerbating the decline.
🌍 Main reasons: The situation escalated severely following attacks on Iran's South Pars gas field, while tensions in the Strait of Hormuz intensifi