Bitcoin Recovers to $68,200 After Iran Supreme Leader Reported Killed

Bitcoin recovered from a dip following US‑Israeli air strikes on Iran and reports of the death of the Iranian Supreme Leader. Prices reached $68,200 in early Sunday trading on Coinbase, according to TradingView, up from a low of $63,000 on Saturday. The asset has now recovered all losses from the Saturday dip and is trading back at Friday’s levels, around $67,350 at the time of writing, while remaining within a three‑week range‑bound channel.

Over the past 24 hours, about 157,000 traders were liquidated, with total liquidations at $657 million, roughly evenly split between leveraged longs and shorts, CoinGlass reported. Iran’s Supreme National Security Council said Ayatollah Khamenei was killed on Saturday at his office, the BBC reported.

The commander‑in‑chief of the Islamic Revolutionary Guard Corps, Mohammad Pakpour, and the secretary of Iran’s Defense Council, Ali Shamkhani, were also killed in the US‑Israel strikes.

Iran

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