Crypto markets saw their sharpest selloff in weeks as U.S.-Iran tensions triggered over $1B in liquidations across exchanges. Bitcoin dropped to $72.8K, ETH fell below $2K, and the CoinDesk 20 Index slid 3.1% as ETF outflows and rising macro fear accelerated risk-off positioning. One standout: XLM surged 10% against the trend, showing how strong institutional narratives can still attract capital even during broad market weakness. For now, traders are watching whether BTC can defend the $70K zone — the key level that may determine if this is a correction or the start of a deeper move lower.