According to CoinDesk, Bitcoin (BTC) dropped 2.9% and the CoinDesk 20 Index fell 6.1% over 24 hours as Israeli airstrikes on Iran fueled global risk aversion, leading to $1.16 billion in liquidations reported by CoinGlass. Wintermute trader Jake Ostrovskis stated that Solana (SOL) ETF optimism persists with a 90% approval probability by year-end per Bloomberg analysts, but Middle East tensions now dominate trader focus with Polymarket indicating a 91% chance of Iranian retaliation.