Bitcoin price dropped below $61,000, causing more than $500 million in liquidations in the last 24 hours. This crash is also seen in the U.S. stock markets and is speculated to be influenced by the growing tensions between Iran and Israel.
Additionally, nearly $242 million worth of Bitcoin ETF and $48 million of other related assets are affected. This steep decline raises questions about whether the anticipated bull run has merely been deferred.
