Over $1B Liquidated in 24 Hours as Bitcoin Crashes 3.3%, Worst Day in June 2025 – What’s Happening?

Cryptocurrency markets experienced their worst day since June as Bitcoin plummeted 3.3% to $103,556 following Israeli airstrikes on Iran's nuclear facilities, which triggered a massive liquidation cascade that destroyed over $1.16 billion in leveraged positions within 24 hours.