Crypto Market News
06/14 12:08
 Bitcoin recovers slightly from support tested a
- Bitcoin recovers slightly from support tested at $102,513 as global markets react to tensions between Israel and Iran.
- BTC derivatives market liquidations surge, hitting $446 million in the last 24 hours as Open Interest drops below $70 billion.
- Ethereum extends losses but holds above the 200-day EMA as the spot ETF net inflow streak holds steady.
- XRP downside risks escalate, accelerating the decline toward the $2.09 support level.
The cryptocurrency market has been hit by a sudden wave of extreme volatility, triggering widespread declines as global markets react to tensions between Israel and Iran. Bitcoin (BTC) is hovering at around $104,668 at the time of writing on Friday, following a reflex recovery from support tested at $102,513.
Altcoins were not spared, with Ethereum (ETH) amplifying losses and testing a lower range limit support around $2,500. Meanwhile, Ripple (XRP) holds slightly above the critical $2.09 support as bulls navigate the highly volatile market.
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