Bitcoin fell to $64,000, with trading data showing the price at $63,915 and $64,452.50 at different points. Ether dropped 0.25% since midnight UTC.
Total value of liquidated positions in 24 hours.
Approximately $286 million in positions were liquidated in 24 hours. Long positions accounted for $186 million of this total, while short positions made up $100 million.
Federal Reserve Decision
The Federal Reserve kept interest rates unchanged. Three committee members voted for an interest rate increase.
Geopolitical Developments
Iran launched multiple ballistic missiles at U.S. troops. President Donald Trump vowed to hit Iran 'hard' in response.
Hit Iran 'hard'
Oil surged 8% overnight, erasing Monday’s declines. U.S. equities fell, with the Dow dropping 2.2% and the Nasdaq falling to a three-month low.
S&P 500 and Nasdaq index futures are now slightly positive. Microsoft and Meta earnings after the bell today could swing sentiment.