Bitcoin Rebounds Amid Geopolitical Tensions and Market Movements

The cryptocurrencies Bitcoin (BTC) at $101,124, Ethereum (ETH) at $2,235, XRP at $2.01, Binance Coin (BNB) at $619.30, and Solana (SOL) at $132.55 show notable activity. Total liquidations have reached approximately $634 million, with long positions accounting for around $502 million and shorts for about $132 million. Senator Marco Rubio described the blockade of the Strait of Hormuz as "economic suicide" for Iran, warning of potentially disastrous effects on global oil trade. Meanwhile, Bitcoin has rallied, bouncing back from a dip below $98K to over $101K amid geopolitical tensions, which markets are viewing as short-term. The crypto exchange OKX is contemplating an IPO in the U.S. after its restart in April. Additionally, the security firm Hacken experienced a hack, stealing $240K worth of native tokens, leading to a 99% decline in their value. In terms of market movers, the top gains include HASHAI (+26.6% to $0.0003), HT (+24.9% to $0.205), and FUN (+30.7% to $0.009). Notable drops include XEM (-27.1% to $0.004), PROM (-24.4% to $3.94), and MAT (-21.8% to $0.827).