Bitcoin Rebounds to $68K After Iran Strike Shock

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Bitcoin staged a sharp recovery over the weekend, erasing losses triggered by US-Israeli air strikes on Iran. After plunging to $63,000 on Saturday, BTC surged nearly $5,000 in less than 24 hours, touching $68,200 during early Sunday trading on Coinbase, according to data from TradingView. At the time of writing, the asset was hovering around $67,350—back to Friday’s levels—though still trading within a tight three-week range.

The volatility triggered a wave of liquidations across derivatives markets. Roughly 157,000 traders were wiped out in 24 hours, with total liquidations reaching $657 million, split almost evenly between leveraged longs and shorts, according to CoinGlass. Analysts say the rapid rebound reflects how quickly crypto markets price in geopolitical risk—and just as quickly pivot when sentiment shifts.

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whats going on OMG