🚨 Today's cryptocurrency experienced sharp decline, these are the main reasons 👇

Digital currencies dropped sharply on Thursday due to escalating Middle East tensions and rising US inflation data (PPI), suppressing risk appetite 📉
📊 Details:
• #BTC fell to $69,000
• #ETH dropped to $2,100
• Other currencies such as $XRP $SOL $DOGE declined between 3%–6%
💥 More than $300 million in long positions were liquidated, exacerbating the decline.
🌍 Main reasons: The situation escalated severely following attacks on Iran's South Pars gas field, while tensions in the Strait of Hormuz intensified, pushing oil prices to new highs ⛽
📉 Global markets also declined:
◻️ US and Asian stock markets fell
◻️ Gold and silver lost over $150 billion
◻️ Energy markets continued to rise
In my view, when gold and cryptocurrencies decline simultaneously, you should pay close attention, as liquidity is shifting toward cash.
🏦 On the other hand: Jerome Powell's speech and strong PPI data weakened rate cut expectations, placing additional pressure on the market.
🎯 Summary: Markets now face dual pressures: geopolitical (energy and conflict) and economic (inflation and interest rates)
⚠️ Volatility may persist, and risk management is more important than ever.$BTC ‌