🩸 The sponsor of the weekend crash — Marco Rubio.

The US Secretary of State stated that negotiations with Iran are not yielding results and that Tehran’s demands are unacceptable to Washington.

Amid the escalating rhetoric:

🔻 Bitcoin dipped below $74K
🔻 Ethereum briefly fell below $2,100

Liquidations wiped out $1B in crypto over the past 24 hours — almost all of it hitting longs, naturally.

The market is again pricing in the risk of a prolonged Middle East conflict instead of a quick diplomatic agreement.

#BTC #ETH #crypto #Liquidations #BinanceSquare