The crypto market lost $92 billion since early Wednesday, a 3.2% decline bringing total capitalization down to $2.82 trillion. Bitcoin fell 3.4% to $83,512, briefly dipping to $82,900. The downturn followed Iranian President Masoud Pezeshkian’s speech at the UN General Assembly, which heightened US-Iran tensions and drove traders away from risk assets. Nearly $399.5 million in positions were liquidated within 24 hours, including $297 million in long positions, affecting over 92,000 traders.
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