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Bitcoin Plunges to $79,000 as ETH, SOL, and DOGE See Sharp Declines Following Iran Missile Report
On Monday, bitcoin's price plummeted to $79,074 during late Asian trading hours, marking a nearly $1,500 decline from its intraday high of $80,594, which was the highest level seen since January 31. This downturn occurred after Iran's Fars news agency reported that two missiles had hit a US patrol boat near Jask Island, allegedly due to the vessel ignoring Iranian warnings to leave its territoria…
May 4, 2026, 11:30 a.m.
Markets
Bitcoin Plunges to $79,000 as Iran Missile Report Sparks Market Volatility
In a dramatic turn of events, bitcoin's price plummeted to $79,074 during late Asian trading hours on Monday, erasing nearly $1,500 from its intraday high of $80,594, which was the highest level seen since January 31. The sudden downturn was triggered by a report from Iran's Fars news agency, which alleged that two missiles had struck a US patrol boat near Jask Island after the vessel failed to h…
May 4, 2026, 11:30 a.m.
Markets
Bitcoin Plunges to $79,000 as Iran Missile Report Sparks Market Volatility
On Monday, bitcoin's price plummeted to $79,074 during Asian trading hours, marking a nearly $1,500 decline from its intraday high of $80,594, the highest level since January 31. The downturn was triggered by a report from Iran's Fars news agency stating that two missiles had struck a US patrol boat near Jask Island, allegedly after the vessel ignored Iranian warnings to leave its territorial wat…
May 4, 2026, 11:30 a.m.
Markets
Bitcoin Plunges to $79,000 as Tensions Rise Following Iran Missile Report
The price of bitcoin dropped to $79,074 during late Asian trading hours on Monday, marking a reversal of nearly $1,500 from its intraday high of $80,594, the highest level since January 31. This downturn was triggered by a report from Iran's Fars news agency, which claimed that two missiles had struck a U.S. patrol boat near Jask Island after the vessel allegedly disregarded Iranian warnings to l…
May 4, 2026, 11:30 a.m.
Markets
Crypto Bears Suffer $300 Million Loss in Liquidations as Bitcoin Surges
The bears have misjudged the market once again. Bitcoin (BTC) briefly reached $80,594 on Monday, its highest point since January 31, before retreating to around $79,851. This move led to $370 million in total cryptocurrency liquidations over the past 24 hours, impacting 97,235 traders, as per CoinGlass data. Of this total, $301.93 million was attributed to short positions. Shorts were liquidated …
May 4, 2026, 10:30 a.m.
Markets
Cryptocurrency skeptics suffer another setback with $300 million in losses
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May 4, 2026, 10:30 a.m.
Markets
Cryptocurrency Bears Suffer Significant Losses, Incurring $300 Million in Liquidations
Once again, bears misjudged the market. Bitcoin (BTC) briefly reached $80,594 on Monday, its highest level since January 31, before retracting to approximately $79,851. This move triggered $370 million in total cryptocurrency liquidations over the past 24 hours, impacting 97,235 traders, as per CoinGlass data. Of this total, $301.93 million stemmed from short positions. Shorts were liquidated rou…
May 4, 2026, 10:30 a.m.
Markets
Cryptocurrency Pessimists Suffer Another Setback, Incurring $300 Million in Losses
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May 4, 2026, 10:30 a.m.
Markets
Crypto Bears Suffer Significant Losses, Liquidating $300 Million in Assets
The bears have misjudged the market once again. Bitcoin (BTC) briefly reached $80,594 on Monday, its highest point since January 31, before retreating to trade around $79,851. This move led to $370 million in total crypto liquidations over the past 24 hours, impacting 97,235 traders, as reported by CoinGlass data. Of this total, $301.93 million was attributed to short positions. Shorts were liqui…
May 4, 2026, 10:30 a.m.
Markets
Cryptocurrency bears misjudged the market once more, incurring $300 million in losses
None
May 4, 2026, 10:30 a.m.