bitcoin just slipped under $70,000 for the first time since August, setting off a wave of selloffs across crypto.
In just 24 hours, more than $1.3 billion in futures positions were wiped out, with bitcoin alone accounting for $677 million.
ether dropped below $2,000 for the first time since August.
The biggest single loss? A bitcoin position worth more than $31 million.
IRGC radar claim spurs crypto selloff
Tensions in the Middle East have added fuel to the fire, after Iran's IRGC claimed it destroyed a US early-warning radar in Bahrain in response to an air attack on a telecoms tower in Sirik.
Crypto prices have been swinging wildly since, and analysts say things could stay rocky if global tensions keep rising.
If you're trading or investing right now, it might be smart to stay alert and not rush into any big moves.