My people! What's up! Hold on tight because things have gotten serious in the world of cryptocurrencies, and it's no joke. Early this Friday morning, Israel hit Iran with a bomb, and a global commotion ensued! 💥 Everyone is on edge, thinking that a large-scale war is coming, and that, obviously, hit the financial markets hard.
And if you thought that only oil and stock markets were falling, well, no! Cryptocurrencies also felt the blow. Bitcoin and, above all, our beloved Ethereum (ETH), fell on their faces. 📉
Speaking of ETH, the fall was spectacular! In just 24 hours, the price plummeted by -9.70%. 💔 Imagine, it's as if your money evaporated out of nowhere. Although we still saw it in green during the week, it is almost, almost, going to turn red, and that really hurts.
But pay attention, my people, the truth is that 2025 has not been Ethereum's year. Poor ETH! It has been battling like a neighborhood champion against the competition that has come out from under the rocks and the volume of trade on its network has dropped a lot. 😥 Except for a few breaths here and there, it has been a somewhat cloudy year for investors in this currency.
So far this year, ETH already has a -25.79% negative return. Crazy! And now, with this tension in the Middle East, which no one expected, the price could go even lower in the coming days. At the time of writing this, one unit of Ethereum was at $2,481 dollars, according to CoinMarketCap. A bargain for some, a scare for others! 💸
So, what to expect from this? Well, the truth is that nobody has a crystal ball right now. The environment in the Middle East is hotter than spicy chili soup. 🔥 Israel says it will not stop until they feel safe, and Iran, obviously, will respond with everything. The Americans, for their part, are saying not to mess with them, but things are so heated that they could explode at any moment.
All this puts the markets on edge. The collapse of Ethereum is just a preview of what is coming for Wall Street when stock market operations open. The Asian stock exchanges and off-hours operations are already in the red. 🚨
