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Morning Minute: Bitcoin Crashes, Rebounds as Iran War Begins
Bitcoin showed resilience, dropping only 3% during initial Iran conflict escalation and recovering sharply, indicating potential strength despite geopolitical shock. Hyperliquid saw record open interest and its HYPE token rallied significantly as it facilitated 24/7 trading of war-related events. Bitcoin ETFs recorded substantial net inflows last week ($787M), suggesting continued institutional demand.

XRP Long Traders in Loss Amid $358 Million in Combined Crypto Liquidations
XRP long traders are facing significant liquidations totaling $4.44 million due to a broader market downturn and $358 million in combined crypto liquidations over 24 hours. XRP's price has seen weakness, declining from $1.40 to $1.34, with declining trading volume and difficulty reclaiming higher levels. Other major assets like ETH and BTC also experienced substantial long liquidations.
