Crypto Prices Plunge 10% Over Weekend Amid Global Tensions and Market Jitters
• Bitcoin (BTC) and broader crypto market fell nearly 10% on Saturday, with BTC briefly dipping below $62K • Ether (ETH), BNB, and Solana (SOL) also saw significant price drops over 24 hours • Decentralized finance (DeFi) protocols hit hard, with liquidations and potential issues for stablecoin USDe • Former BitMEX CEO predicted upcoming tax season and declining dollar liquidity would spark sell-off • Price declines coincided with Iran missile strikes against Israel in retaliation for alleged Israeli airstrike