Bitcoin and Ethereum showed different market structures amid geopolitical tensions, with BTC trading around $69,164 and safe-haven demand pushing Bitcoin futures open interest up 5.05% to $49.512 billion. Short liquidations reached $104 million over 24 hours, while Santiment data showed BTC's profit-to-loss transaction ratio climbed to 2.95, its highest in 12 weeks. Ethereum faces heavier selling pressure with $28.469 billion in futures open interest, and options markets showing sharp increases in upside call selling. The Crypto Fear & Greed Index stands at 14, signaling extreme fear. President Trump's aggressive remarks over Iran's Strait of Hormuz closure sent shockwaves through global financial markets.