Leading cryptocurrencies slid alongside stock futures and commodities Sunday overnight as the ongoing Middle East conflict kept investors on edge.

Cryptos Sell Off

Bitcoin tumbled below $65,000 in the evening, while trading volume surged 52% in the last 24 hours. Ethereum also encountered strong selling pressure as the second-largest cryptocurrency gave up gains from earlier in the week.

The cryptocurrency market saw over $340 million in liquidations over the past 24 hours, with nearly $175 million wiped out in just the last 4 hours, mostly from long positions, according to Coinglass data 

Open interest in Bitcoin fell 1.14% in the last 24 hours. Even so, whale and retail derivative traders…

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