Middle East Tensions Escalate, Crypto Sees $116M Liquidations

1. Kuwaiti Fire Force successfully contained multiple fires caused by Iranian attacks and shrapnel in residential areas.
2. Coinglass data indicates total crypto liquidations reached $116 million in the past 24 hours, predominantly from short positions.
3. Russia's Lavrov held a phone call with his Emirati counterpart to discuss the evolving situation in the Persian Gulf.