coin-img-ETHETH-4.53%coin-img-BTCBTC-3.49%coin-img-HYPEHYPE-6.18%coin-img-SOLSOL-3.64%coin-img-XRPXRP-3.88%coin-img-USDCUSDC+0.01%coin-img-TRXTRX-2.41%coin-img-SUISUI-8.52%coin-img-ETHETH-4.53%coin-img-BTCBTC-3.49%coin-img-HYPEHYPE-6.18%coin-img-SOLSOL-3.64%coin-img-XRPXRP-3.88%coin-img-USDCUSDC+0.01%coin-img-TRXTRX-2.41%coin-img-SUISUI-8.52%coin-img-ETHETH-4.53%coin-img-BTCBTC-3.49%coin-img-HYPEHYPE-6.18%coin-img-SOLSOL-3.64%coin-img-XRPXRP-3.88%coin-img-USDCUSDC+0.01%coin-img-TRXTRX-2.41%coin-img-SUISUI-8.52%coin-img-ETHETH-4.53%coin-img-BTCBTC-3.49%coin-img-HYPEHYPE-6.18%coin-img-SOLSOL-3.64%coin-img-XRPXRP-3.88%coin-img-USDCUSDC+0.01%coin-img-TRXTRX-2.41%coin-img-SUISUI-8.52%

Bitcoin Sinks After Trump Rejects Reports of Hormuz Deal; $270M in Liquidations in an Hour

Bitcoin slid hard after U.S. President Donald Trump dismissed reports of an agreement to restore shipping traffic through the Strait of Hormuz. The drop pushed $BTC below $73,500 and triggered more than $270 million in crypto liquidations within about an hour. Long positions made up nearly $264 million of the total as market volatility jumped. Separately, reports also pointed to fresh U.S. military strikes aimed at Iranian drone operations near the Strait of Hormuz.
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