Between 3 a.m. and 5 a.m. on April 14, the price of bitcoin plunged by more than $7,000, from $67,181 to below $60,000, and Ethereum fell from $3,200 to below $2,800. CoinGlass data shows that within 24 hours, a total of 249,000 people liquidated positions in the virtual currency market, with a total liquidation of 946 million US dollars (about 6.846 billion yuan). On the news side, in the early morning of the 14th local time, in retaliation for Israel's bombing of the Iranian embassy, Iran launched a drone and missile attack on Israel from within its territory for the first time in history.