United StatesCrypto liquidations jumped 235% to $547 million, CoinGlass data show.
Abstract, Pudgy Penguins’ network, became the second Ethereum layer-2 to shut down in a week.
Iran’s stepped-up tanker attacks pushed Brent above $101, lifting Treasury yields and the dollar, and bitcoin slid below $84,000.
US spot bitcoin exchange-traded funds took in $119 million Tuesday, SoSoValue data show, their fourth inflow day in five.
How each outlet framed it
- CoinDesk
- traces Iran's Hormuz tanker attacks → Brent above $101 → Bitcoin below $84k; isolates DeFi sector underperformance (−6% vs −2.5% broader)
Sources: CoinDesk